Hot Pursuit     19-Apr-23
eClerx Services gains after UK arm appoints Kapil Jain as CEO
eClerx Services rose 2.67% to Rs 1,325.15 after the company announced that its wholly owned subsidiary, eClerx has appointed Kapil Jain, as its chief executive officer (CEO), with effect from 1 May 2023.

eClerx, a wholly-owned subsidiary of eClerx Services, incorporated in the United Kingdom (eClerx UK). It provides business process management, automation, and analytics services to a number of Fortune 2,000 enterprises.

In his new role, Jain will focus on driving growth, improving operational management, and investing in further capability development to serve eClerx's key strategic initiatives.

Kapil Jain holds an MBA and an MS in Operations Research from Case Western University and a BE in Industrial Engineering from the Indian Institute of Technology. He has spent the past two decades at Infosys, serving the firm most recently as executive vice president - global head of sales & enterprise capability for the business process management (BPM) business. His experience in the IT / BPM industry spans delivery, sales, transition, marketing, alliances, and M&A, each across a wide breadth of industries, including capital markets, consumer, and retail.

Anjan Malik, eClerx director, said, “Kapil brings world-class expertise in sales, consulting, process management, and technology transformation, as well as a track record of building large businesses, substantially strengthening our leadership team in an environment of accelerating technological change.”

eClerx Services is engaged in providing critical business operations services to global Fortune 500 clients, including several of the world's leading companies across financial services, cable and telecommunications, retail, fashion, media & entertainment, manufacturing, travel and leisure, software and hightech.

The company consolidated net profit rises 23% to Rs 131.16 crore on 22.8% increase in net sales to Rs 686.67 crore in Q3 FY23 over Q3 FY22.

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