Premkumar to succeed Harsh Chitale as the new MD of HCL Infosystems

NEW DELHI, INDIA: HCL Infosystems, India’s Premier Distribution, IT Services and Solutions Company today announced that Harsh Chitale has decided to take a role outside the company and has relinquished his role as the Managing Director and CEO. The HCL Infosystems Board has accepted his resignation with effect from 31^st December 2014 and has appointed Premkumar, Executive Vice Chairman of HCL Infosystems as the new Managing Director of the company, effective from 1^st of January 2015.

Nikhil Sinha, Non Executive Chairman, HCL Infosystems Ltd. has said, “The board has accepted Harsh’s resignation with regret. I truly appreciate the leadership that Harsh had provided to the company in the last four years. Harsh has been instrumental in admirably leading the company through difficult times and I on behalf of all HCLites would like to thank him and wish him all the best for his future endeavors.”

“I would also like to congratulate Prem on his new role and I am very confident that given his strong abilities he will succeed in taking the company to greater heights”, Nikhil added.

Harsh Chitale said, “I have really liked the challenge for the last four years in leading HCL Infosystems through a difficult business environment. It has been a privilege to lead the company through its restructuring and transformation journey, where business model changes were completed. I wish Prem the very best in taking the company forward on its onward growth journey.”

Premkumar, Executive Vice Chairman of HCL Infosystems said, “I would like to thank Harsh for commendably leading the company over the last few years. We will certainly miss his stewardship. Over the last few years, the organization has been in a state of continuous change. In these truly difficult times, with the changing dynamics of our Industry and tough market conditions,  Harsh has lead the company  with strength and determination that has come from his phenomenal intellect and passion. I would also like to wish him the very best for his future endeavors.”

Earlier in September 2014 HCL Infosystems had appointed Premkumar as the Executive Vice-Chairman of the company. He had held important leadership positions at HCL.