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Capco announces appointment of Gopi Chelliah - former MD and CIO at Deutsche Bank

- as Executive Vice President BPO / Sourcing Development, and member of Capco’s Executive Management Committee

London, 14th March 2005 – Capco is pleased to announce the appointment of Gopi Chelliah as Partner and Executive Vice President, Business Process Outsourcing and Sourcing Development. Based in London, Mr. Chelliah will also serve as a key member of Capco’s Executive Management Committee and the Capco Transformation client services team. He will be responsible for growing and managing the delivery of all IT and Business Process Sourcing services for Capco, including Capco India. This is a key strategic direction for Capco, leveraging its domain expertise to provide its clients sourcing solutions that can be an extension of their operations.

Mr. Chelliah joins Capco from Deutsche Bank, where he was Managing Director, CIO Cross Business Technology and Operations, a member of the Technology and Operations Management Committee of the Deutsche Bank Group and of the Deutsche Bank London Board. He managed technology and operations functions across investment and retail banking including Risk, Finance, Compliance, Human Resources IT, Enterprise-wide Architecture, Operations Control and Reference Data. Whilst at Deutsche Bank, Mr. Chelliah delivered the first industry Business Process Sourcing of Operations Control functions, in addition to extensive IT sourcing.

Prior to Deutsche Bank, Mr. Chelliah held senior leadership positions in the banking industry for more than 15 years, having led operations and technology functions at a global level with other industry leaders including UBS and CSFB. He brings extensive experience of sourcing from the buyer side, having pioneered the development, negotiation and implementation of some of the banking industry’s most substantive and innovative sourcing programmes in both technology and business process operations.

Gopi Chelliah said: "I look forward to my role at Capco. The company is leading the way in terms of its proposition to customers in reference data services, sourcing and business process outsourcing. I relish the opportunity to further build and contribute to the strength of these business practices."

Rob Heyvaert, Founder, Chairman and CEO of Capco commented: "This is a significant appointment for Capco and we are delighted to welcome Gopi Chelliah to the Capco leadership team. Gopi’s experience as a senior banking executive combined with his knowledge of IT, operations, sourcing, and BPO strategy and delivery will bring significant benefits to Capco’s clients."