Pramod Bhasin, the President and Chief Executive Officer (CEO) of Genpact – a leading Business Process Outsourcing (BPO) firm – has been appointed as the new Chairman of National Association of Software and Service Companies.
Bhasin succeeded Ganesh Natarajan, the chief executive of Zensar Technologies Ltd, for the year 2009-2010. The apex trade body of Information Technology (IT) and BPO industries – NASSCOM – also announced to appoint Harsh Mangalik, the Chairman and Geography Director for Accenture in India, as the Vice Chairman of its executive council.
The changes in the top official posts are taking place at a crucial period when NASSCOM has revised its growth targets downwards for the fiscal year 2009 in the wake of global recession worsening in US and Europe – the main IT-BPO market of India.
NASSCOM has revised growth projection rate two times in a year and expects that this fiscal, software service will earn the revenue close to USD 47-billion, a 14% dip from the previous fiscal year.
Welcoming the appointments of Bhasin and Mangalik, President, NASSCOM Som Mittal, expressed hope that the solid experience of Mr. Bhasin in IT and BPO sector and rich experience of Mr. Mangalik would extremely be fruitful for this IT-BPO consortium body.
“Pramod brings a wealth of experience in the IT–BPO sector that would be immensely relevant to the challenges facing the industry today. He is widely known for his adept leadership and ability to take bold decisions,” said Mittal.
Accepting the challenge, Bhasin said, “While we are experiencing the worst economic downturn of our life, I believe there has never been a more relevant time for the IT-BPO Industry to prove its worth. In these difficult times, we have the potential to help global corporations not only cut cost and preserve cash, but also become more efficient, innovative and profitable. We view this is as a huge opportunity, which will help us maintain our leadership position and sustain our growth.”
He stressed on to focusing on some key initiatives like education, infrastructure, security and corporate governance to boost the sector more.
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