WNS CEO walks out of his role to play advisor

By siliconindia   |   Thursday, 29 January 2009, 22:26 IST
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Mumbai: The financial downturn has become the testing ground for the high profile jobs with many of the CIOs giving up their positions and Neeraj Bhargava, co-founder and CEO of WNS Global services is no exception. Bhargava has bowed out of the CEO position to play the strategic advisor role. Bhargava will remain the CEO until the board of directors identifies a successor. The board will conduct a global executive search to select the chief executive to replace him. "I have been with WNS since its inception and have spent the last five years as the CEO. I have worked closely with the board of directors, employees, clients, advisors and partners to achieve tremendous growth during this time. However, at this point, I am ready to take on a less intensive role, transitioning from an operating executive to an advisor," said Bhargava. Earlier many other CIOs like Jeya Kumar of Mphasis, Vivek Paul from venture firm TPG and Wipro's Sudip Nandy have quit.