iGATE appoints Ashok Vemuri as president and CEO

FREMONT, USA & BANGALORE, INDIA: iGATE Corp., the first integrated technology and operations (iTOPS) company providing Business Outcomes-based solutions, announced that Ashok Vemuri has been appointed as iGATE's president and CEO, effective September 16, 2013.

Vemuri will also join iGATE's Board of Directors. Gerhard Watzinger, who has served as the company's Interim president and CEO since May 2013, will remain with iGATE in an advisory role temporarily to assist with Vemuri's transition.

Vemuri joins iGATE from Infosys, where he most recently held the roles of Member of the Board of Infosys, Head of Americas and Global Head of Manufacturing and Engineering. He also served as the chairman of Infosys China and was on the Board of Infosys Public Services.

He earlier established and ran the Financial Services and Insurances business for nine years, making it the largest business unit within Infosys. In his role as Head of Americas, Vemuri was responsible for Infosys' business operations in the company's largest region-with $4.7 billion in revenues-and he oversaw all facets of the business, from strategic direction to maintaining and improving financial and operational efficiency.