Mumbai-based IT services firm Hexaware Technologies has roped in R Srikrishna as its new chief executive officer (CEO), as per a stock market disclosure. Srikrishna's appointment is effective from Monday.
Current vice-chairman and CEO P R Chandrasekar will retire from the executive role though he will continue to serve as vice-chairman. He has been with the company for the last six years. Chandrasekar is stepping down to pursue personal interests.
Srikrishna, who has more than two decades of experience in global information services and technology sector, joins Hexaware from HCL Technologies, where he was most recently the president of infrastructure and life sciences businesses.
He obtained an engineering degree from Indian Institute of Technology Madras, and a master’s in Business Administration from Indian Institute of Management Calcutta.
On his appointment, Srikrishna said, "Hexaware has a great foundation of highly talented employees, deep customer relationships and differentiated solutions. We will build on this foundation to create a powerful organisation for the future; a future where insights from data, consumerism, mobility, sensors, security and cloud take centre stage."
"Srikrishna's track record of identifying business opportunities ahead of competition, his ability to engage clients and build an organisation capable of sustained growth, make him uniquely qualified to lead Hexaware," said Atul Nishar, chairman, Hexaware Technologies.
Founded in 1990, Hexaware provides support, integration, implementation and testing services across enterprise software systems. The firm also offers enterprise architecture consulting, process consulting, portfolio analysis, business process modeling, information technology services, application development, re-engineering, enterprise applications, product development and maintenance, testing and infrastructure management and business process outsourcing.
Last year Baring Private Equity Asia acquired majority stake in the public listed company.
(Edited by Joby Puthuparampil Johnson)