iGATE CEO Ashok Vemuri has resigned. The announcement comes five months after the company got acquired by Paris-headquartered IT major Capgemini for $4 billion. In a statement, the company said Vemuri having successfully contributed to the transition process, leaves in a mutual agreement to pursue other interests outside of Capgemini.
Ashok Vemuri joined iGATE as CEO in September 2013 from Infosys. Paul Hermelin, chairman and CEO of Capgemini, thanked Vemuri for his active participation in the acquisition process and his remarkable energy in the transition phase. The statement said, “The integration of iGATE is progressing as planned. With the publication of third quarter results, the group will provide an update on its progress and highlights of the future organisation, which will be effective on January 1, 2016.”
At Infosys, Vemuri was a Board member and once considered a forerunner for the CEO’s post before the appointment of Vishal Sikka.
