Pramod Bhasin stepped down as President and CEO of Genpact, one of the largest IT and software consultancy company, [1] becoming non-executive Vice Chairman in 2011. [2]
Pramod Bhasin stepped down as President and CEO of Genpact, one of the largest IT and software consultancy company, [1] becoming non-executive Vice Chairman in 2011. [2]
Pramod is a British Chartered Accountant from McLintock & Co, London, and holds a Bachelor of Commerce degree from Shri Ram College of Commerce. [3]
He became an officer of GE. His career with GE and RCA spanned 25 years across the US, Europe and Asia. He was the head of GE Capital in India and in Asia, having earlier worked with GE Capital's Corporate and Finance Group in Stamford, Connecticut, US.
Pramod started GE Capital International Services (GECIS) in 1997 as the in-house BPO division of General Electric (GE) when he convinced the senior stakeholders at GE to outsource certain simple non-IT services to India at Gurgaon. [4] Under Pramod GE hired Raman Roy, pioneered business process outsourcing in India, and expanded its operations from India to countries including China, Hungary, Guatemala, [5] Poland, Mexico, Morocco, the Philippines, Romania, South Africa [6] and the United States.
In 2007, the International Quality and Productivity Center at the Shared Services and Outsourcing Global Conclave named Genpact the Global Shared Services Leader of the Year and awarded Pramod Bhasin their Lifetime Contribution Award. [7]
A consultant and advisor in the domain, Pramod Bhasin served as the Chairman of India's National Association of Software & Services Companies (NASSCOM) [8] for the year 2009-10, and became a member of the Board of Trustees of NASSCOM Foundation. He is also currently serving as President at TiE Delhi-NCR.[ citation needed ]
Pramod Bhasin appointed as chairman of ICRIER (Indian Council For Research On International Economic Relations).
Pramod Bhasin completed his MBA from Faculty of Management Studies, Delhi University (popularly known as FMS Delhi). He completed his Indian School Certificate (ISC, equivalent to the then English GCE O Levels) at Cathedral and John Connon School, Bombay (now Mumbai), in Class of 1967. As of 2016 [update] , he lives in New Delhi.
Vivek Paul is an Indian-American business executive and entrepreneur. He served as the vice-chairman of Wipro and CEO of its flagship business, Wipro Technologies. He also worked as a senior executive at General Electric, private equity investor at TPG, and a strategy consultant at Bain. He is also the founder of KineticGlue, a tech startup that was successfully sold to BMC. He has served on several boards, including the California Chamber of Commerce, Electronic Arts, and on the advisory council of the Federal Reserve Bank of San Francisco.
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally, Outsourcing sometimes involves transferring employees and assets from one firm to another.
National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group that primarily serves the Indian technology industry. Founded in 1988, NASSCOM operates as a nonprofit organization and serves as a key entity within the Indian technology sector.
Knowledge process outsourcing (KPO) describes the outsourcing of core information-related business activities which are competitively important or form an integral part of a company's value chain. KPO requires advanced analytical and technical skills as well as a high degree of specialist expertise.
Infosys BPM, the business process management subsidiary of Infosys, was set up in April 2002. Infosys BPM provides integrated outsourcing and transformation services. It is headquartered in Bengaluru, India.
Business process outsourcing to India refers to the business process outsourcing services in the outsourcing industry in India, catering mainly to Western operations of multinational corporations (MNCs).
Genpact Ltd. is an American multinational information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact currently employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.
Exlservice Holdings, Inc. is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others. The company is headquartered in New York and has more than 54,000 professionals in locations throughout the United States, Europe, Asia, Latin America, Australia and South Africa.
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.
Kiran Karnik is a prominent Indian administrator chiefly known for his work in the broadcasting and outsourcing industries. Presently he is also serving as a director in Central board of directors of Reserve Bank of India. He is also the chairman, board of directors, of the Indraprastha Institute of Information Technology, Delhi (IIIT-D).
Rusi Brij was an Indian business executive and entrepreneur. He was executive director of Satyam Computers, and CEO and vice-chairman of Hexaware Technologies. In 2003, he was named by Bain & Co. as one of India's hottest dealmakers in software. Rusi was well known and respected for his amicable mannerism, mentoring skills, people-oriented approach and a fine collection of vintage wines.
Jaithirth "Jerry" Rao is an Indian businessman and entrepreneur. He is the founder and former CEO of the software company Mphasis. He is the founder of Value and Budget Housing Corporation (VBHC), an affordable housing venture which he founded in 2008. He was also a founder and director of Home First Finance Company, a Housing Finance company focused on providing housing finance to first time home buyers. He was also a member of the editorial advisory board of the Swarajya magazine.
Nitin Rakesh, an Indian-American businessman, author, and philanthropist, is currently the Chief Executive Officer and Director of Mphasis. Prior to that, Rakesh was Syntel's CEO and president, as well as CEO and Managing Director of Motilal Oswal Asset Management Company Ltd., and as Chief Executive of State Street Syntel Services, a joint venture between Syntel and State Street Bank.
Rakesh Khanna was the chief executive officer of Atos Syntel.
Information Technology in Sri Lanka refers to business process outsourcing, knowledge process outsourcing, software development, IT Services, and IT education in Sri Lanka. Sri Lanka is always ranked among the top 50 outsourcing destinations by AT Kearney, and Colombo and ranked among "Top 20 Emerging Cities" by Global Services Magazine. The export revenue of this industry grew from USD 213 million in 2007 to USD 1.2 billion in 2021.
Sandip Sen is an Indian business executive. He is currently the Global Chief Executive Officer & Executive Director of Aegis Limited. He was appointed as the CEO on 1 December 2012.
Lalit Surajmal Kanodia is an Indian business entrepreneur. He is chairman of Datamatics Group of Companies which he founded in 1975, national president of the Indo - American Chamber of Commerce and vice president of the Indian Merchants Chamber, both organizations of the Indian business community. He has also served as president of the Management Consultants Association of India.
Saurabh Srivastava is an Indian entrepreneur, investment professional, institution builder and a former chairman of NASSCOM, a non-profit trade organization for the promotion of Indian IT industry. A master's degree holder from Harvard University, he founded Infinity Venture, reportedly the first venture capital fund in India and is a recipient of Dataquest Lifetime Achievement Award, the IT Industry Award from the Prime Minister of India and Distinguished Alumnus Award from the Indian Institute of Technology, Kanpur. The Government of India awarded him the fourth highest civilian honour of the Padma Shri, in 2016, for his contributions to trade and industry.
Harish S. Mehta is the Founder and Executive Chairman of Onward Technologies Ltd. He is the founding member and the first elected Chairman of NASSCOM, a trade association of Indian Information Technology (IT) and Business Process Outsourcing (BPO) industry.
Nitin Seth is an Indian tech entrepreneur and author who was the COO of Flipkart. He is the Co-Founder and CEO of Incedo, a US-based digital transformation services and platforms provider. An alumnus of the Indian Institute of Management Lucknow, he has been Managing Director of Fidelity International in India. He served as Chairperson of NASSCOM's GCC Council and was the Chairperson of the NASSCOM Regional Council (NRC) in Haryana, India. He is the co-founder of Plaksha University, a private science and technology university based in Punjab, India.