- Premkumar to usher in the next phase of transformative growth of the company
- Harsh Chitale present Managing Director and CEO of HCL Infosystems decides to take a role outside the company
HCL Infosystems, India’s Premier Distribution, IT Services and Solutions Company today announced that Harsh Chitale has decided to take a role outside the company and has relinquished his role as the Managing Director and CEO. The HCL Infosystems Board has accepted his resignation with effect from 31st December 2014 and has appointed Premkumar, Executive Vice Chairman of HCL Infosystems as the new Managing Director of the company, effective from 1st of January 2015.
Nikhil Sinha, Non Executive Chairman, HCL Infosystems Ltd. has said, “The board has accepted Harsh’s resignation with regret. I truly appreciate the leadership that Harsh had provided to the company in the last four years. Harsh has been instrumental in admirably leading the company through difficult times and I on behalf of all HCLites would like to thank him and wish him all the best for his future endeavors.”
“I would also like to congratulate Prem on his new role and I am very confident that given his strong abilities he will succeed in taking the company to greater heights”, Nikhil added.
Harsh Chitale said, “I have really liked the challenge for the last four years in leading HCL Infosystems through a difficult business environment. It has been a privilege to lead the company through its restructuring and transformation journey where business model changes were completed. I wish Prem the very best in taking the company forward on its onward growth journey.”
Premkumar, Executive Vice Chairman of HCL Infosystems said, “I would like to thank Harsh for commendably leading the company over the last few years. We will certainly miss his stewardship. Over the last few years, the organization has been in a state of continuous change. In these truly difficult times, not helped further by the changing dynamics of our Industry and tough market conditions, Harsh has lead the company with strength and resolve that has come from his phenomenal intellect and passion. I would also like to wish him the very best for his future endeavors.”
“I am honoured and excited to lead HCL Infosystems, a pioneer of Indian Information Technology that I joined as a management trainee three decades ago. In the next phase of growth and transformation in HCL Infosystems, I look forward to working with the passionate HCLite team to build profitable growth and also create value for various stakeholders including employees, customers, partners and shareholders. The next phase of growth for the company has been planned around a journey that will achieve GOLD STANDARDS. across people, financial and customer metrices and thereby drive continuous excellence. The endeavour of Team HCLI would be to deliver Excellence. Everytime. thereby also delivering the very best for our customers.”, Premkumar added.
Earlier in September 2014 HCL Infosystems had appointed Premkumar as the Executive Vice-Chairman of the company. Prior to returning to HCL, Premkumar was the Group CEO of Apollo Hospitals Enterprise Ltd., where he worked closely with the Board on the Group’s transformation initiatives including its go-to-market strategy, customer experience, strategic partnerships and globalization. Prior to Apollo Hospitals, he had held important leadership positions at HCL where he was one of the key business leaders of the Group. During his long association of more than 25 years at HCL he held leadership positions in HCL Limited, HCL Frontline and HCL Technologies. At HCL Technologies, Premkumar headed the over $1 billion dollars in revenue Financial Services and Healthcare verticals along with corporate alliances, partnerships and global expansion.
Premkumar is a much sought after speaker in Industry circles and has been actively involved with the World Economic Forum, where he was part of the Global Council on Talent Mobility and Diversity.
About HCL Infosystems Ltd.
With (LTM) revenues of Rs 7,351 crore, HCL Infosystems is India’s Premier Distribution and IT Services and Solutions Company. The Company has one of the largest sales, services and distribution networks in India and provides value added distribution for partners in Telecom, IT, Office Automation and Consumer Electronics products. The Company’s distribution business has an unparalleled network that reaches more than 100,000 retail outlets, over 800 Direct and Micro Distributors and over 12,400 Channel Partners across 15,000 towns and 664 districts in the country. The Company is also a leader in IT Services and Solutions with a comprehensive portfolio of Infrastructure Managed Services, Enterprise Application Services, System Integration Services, Office Automation Services, Managed Print Services, Multi-Vendor Technology Services and After-Sales Support Services. HCL Learning, the Company’s learning solutions business, serves the entire spectrum of education and training requirements across schools colleges, individuals and enterprises and offers Digital Content & Learning Solutions.
For more information please visit us at www.hclinfosystems.in
About HCL
HCL is a business enterprise with presence in the fields of Technology, Healthcare and Talentcare. Founded in 1976 as one of India’s original IT garage start-ups, the HCL enterprise currently comprises four companies in India – HCL Technologies, HCL Infosystems, HCL Healthcare and HCL Talentcare , with annual revenues of US$ 6.5 billion and over 95,000 professionals from diverse nationalities operating across 31 countries including over 500 points of presence in India. In the technology space, HCL’s offerings span a wide range of software and hardware services and solutions including R&D, Technology Services, Enterprise and Applications Consulting, Remote Infrastructure Management, IT Hardware, Systems Integration, Distribution of Technology and Telecom Products. HCL Healthcare, aims to provide innovative medical services, products and training to meet the growing demand for quality Healthcare in India. HCL Talentcare is focused on providing Professional Vocational Employability solutions through an innovative signature learning experience. For further information, visit www.hcl.com
