Hexaware announces a new organisation structure to execute the aggressive growth plans of the Company

22 December 2008

Hexaware Technologies, a leading global provider of IT & BPO services and consulting, today, announced a new organisation structure. This strategic realignment is in line with the Company’s move to strengthen the organisation.

Commenting on the development P. R. Chandrasekar, CEO and Vice Chairman, Hexaware said, “The planned structure will facilitate aggressive account mining, enable us to define and penetrate target accounts better and provide greater value to our customers. We
believe it will also foster a more collaborative approach within Hexaware, spurring our accelerated growth in the future.”

Vertical Organization
Hexaware will now focus on three distinct Business Units;

• Banking Financial Services and Insurance (BFSI)

• Travel and Transportation

• Emerging Verticals.

The Emerging verticals unit will focus on seeding the Manufacturing and Healthcare domains and will also include existing non BFSI and non Travel and Transportation under one roof for better management. Yogendra Shah who was overseeing the APAC geography for Hexaware will now head the Travel and Transportation vertical. The BFSI vertical will be headed by Deepak Rao, who joins Hexaware from Siemens Information Systems Ltd. Anirban Chakraborty who joins Hexaware from Tata Consultancy Services, will head the Emerging

Markets vertical.

Delivery / Horizontal Organization

The delivery organisation will be divided into three definite horizontals

• Business Technology Optimization (BTO )

• ERP and BI

• Delivery Centers

The new global BTO organization will be formed by combining Focus Frame and Hexaware’s testing practice and will be chartered with the task of creating a world class outfit with a complete testing suite comprising of automated and manual testing tools. R V Ramanan will continue to head the global delivery organization.

• Subsidiaries

The subsidiaries, Caliber Point the BPO subsidiary and RiskTech will continue to be strong business lines for Hexaware and they will be aligned to work very closely with the vertical and geography sales teams to further customer penetration in all markets.


Geography/Sales Organization

The geography and sales force of Hexaware is also restructured to reflect the vertical orientation as well the strengthening of the horizontals. The sales force will continue to be headed by the respective geography heads:

• Rajiv Pant continues to head the North America geography.

• Sunil Surya continues to head the UK and Europe geography.

• Milind Kalurkar will now head the APAC geography. In his previous role, Milind used to head the India sales operations.
New Appointments At SIS, Deepak Rao was Vice President – Financial Services vertical and was spearheading the company’s growth in US, UK and India. In his new role in Hexaware, he will be responsible for growing the global BFSI business by transforming the organization from a technology centric one to an industry domain and consultative one. He has a Bachelor’s degree in Engineering from IIT, Mumbai and a Post Graduate Diploma in Management Studies from IIM, Calcutta. His previous stints included working at Philips India, KPMG Consulting, Coopers & Lybrand Consulting, Infosys, and Wipro.

Anirban Chakraborty brings over 19 years of experience in IT services, business solutions and building relationships with MNCs and local market leaders in various industry verticals in North America and Asia Pacific. He joins Hexaware from TCS where he was Head of Life Sciences for North America. Prior to TCS, he has worked with Indian giants like HMT CNC systems and SAIL. As Emerging Markets Head, Anirban will lead the Manufacturing, Healthcare and all non BFSI and non TTHL business globally for Hexaware. Anirban is a
B. E. graduate from Madan Mohan Malviya Engineering College, Gorakhpur, India

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