After BPO Chief, Infosys' KPO Head quits as well

After BPO Chief, Infosys' KPO Head quits as well
Bangalore: Joydeep Mukherjee, who was heading the knowledge process outsourcing services at Infosys BPO, has resigned two days after the division's Chief Executive quits. The company said that Amitabh Chaudhry, who took over as the Chief Executive of Infosys BPO in March 2006, had submitted his resignation on Tuesday. Infosys BPO, which employs about 16,000 staff, offers finance and accounting, human resource and legal services outsourcing. Chaudhry is tipped to join HDFC Standard Life Insurance to head its business in India as CEO. The top position has been vacant in HDFC Standard Life since Former MD Deepak Satwalekar retired a year back. Chaudhry took over from Akshaya Bhargava in 2005 to lead Infosys BPO's business as its CEO, and played an instrumental role in several strategic initiatives including $38 million acquisition of McCamish Systems earlier this month. During his tenure, Infosys BPO's revenues grew at around 72 percent. Prior to joining Infosys in 2003, Chaudhry was with Credit Lyonnais Securities in Singapore as Head of its investment banking franchise for South East Asia. He has also worked with Bank of America as Head of technology investment banking for Asia. He is an engineer from BITS, Pilani, and did MBA from IIM, Ahmedabad. "It is a professional move, however he will be around the company for some time," an Infosys spokesman told Economic Times. He declined to provide details about how long Chaudhry will serve the company. The unit's revenue grew 26 percent to $316 million in the fiscal year to March 2009.