According to a latest update, Ritesh Idnani, Chief Operating Officer of the business process outsourcing (BPO) arm of Infosys has resigned from his post. Idnani has been working with Infosys from the past 13 years.
It is worth noticing, Idnani, who joined Infosys in 1999, is credited for scaling Infosys’ BPO business from $43 million in 2005 to whopping $316 million in 2009.
Once an industry bellwether, Infosys is these days struggling to match with tech industry's growth rate. Where Nasscom has projected 11-14 percent growth for IT industry, Infosys is expecting 8-10 percent growth in the year to March 2013.
According to competition experts, the latest loss of the senior executive from Infosys has come at a time when the company has just come out of a major management transition and organizational restructuring.
Swami Swaminathan, CEO & MD of Infosys BPO has confirmed Idnani’s exit from the company. He states, Idnani has made his decision known to Infosys almost a couple of weeks ago and his responsibilities have already been assumed by other leaders in Infosys BPO.
Analysts believe, this is the second high profile exit from Infosys BPO in recent years after Amitabh Chaudhry, the CEO and MD’s exit from the company in 2009.
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