iGATE names Phaneesh Murthy as CEO

By SiliconIndia   |   Friday, 29 February 2008, 14:38 Hrs
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Bangalore: Integrated Technology and Operations provider iGATE has named Phaneesh Murthy as its Chief Executive Officer. The appoitment will be effective on April 1, 2008.

Murthy will be replacing Sunil Wadhwani, Chief Executive Officer of iGATE since its inception in 1987.

Murthy has served as the Chief Executive Officer of iGATE Global Solution (iGS, iGATE's offshore services subsidiary) since 2003. Previously, he had a stint as Head of Global Sales and Marketing at Infosys Technologies.

A company release said that this appointment is being made in conjunction with the previously announced Professional Services business.

Sunil Wadhwani and Ashok Trivedi, Co-Chairmen of the Board of Directors of iGATE Corporation, said, "Phaneesh and his team have done an outstanding job in transforming iGATE Global Solution. We are confident that the new executive team at iGATE will lead the company to continued success in the years ahead."

Ramachandran Natesan, the current Chief Financial Officer of iGATE Global Solutions, is also being appointed Chief Financial Officer of iGATe, effective from April 1, 2008. Ramachandran will replace Michael J. Zugay who will retire after 13 years of service with iGATE.

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