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New York, September 17, 2007 –
ExlService Holdings, Inc. (Nasdaq: EXLS), today
announced the appointment of Andy Gibson as Vice
President & Subject Matter Expert (Insurance).
Andy has a deep background in the insurance industry,
with 23 years of operational and consulting experience
in a variety of executive roles.
At EXL, Andy’s responsibilities will include
leading efforts to develop cost effective outsourcing
and transformation solutions for both existing clients
and prospects in the Insurance industry. He will
also be involved in managing select strategic customer
relationships with the objective of deepening and
broadening EXL’s partnership with these clients.
He will participate extensively as a Subject Matter
Expert (SME) to assist EXL in its expansion and
evolution of its capabilities and relevance, especially
to the Insurance industry in the area of Property
& Casualty. Andy will report into Kal Bittianda
- Head, Strategic Account Management for North America.
Commenting on his appointment, Andy said, “EXL
has a strong legacy and a leadership position in
the Insurance Outsourcing Industry. I feel privileged
to be a part of EXL and look forward to strengthening
the strategic relationships.”
“We welcome Andy to EXL as a vital thought
leader for our strategic clients in the Insurance
domain. His addition to EXL's leadership team reflects
our efforts to continually expand and evolve EXL's
capabilities and relevance to the insurance industry,”
stated Rohit Kapoor, President and Chief Operating
Officer, EXL.
“Andy has an illustrious track record and
brings with him considerable experience in managing
senior client consulting relationships that will
contribute to the strengthening and evolution of
the Strategic Account Management Function at EXL.”
said Kal Bittianda.
Andy assumes his new position after five successful
years with HCL as the head of their North American
Insurance Practice. Prior to HCL, Andy was in consulting
leadership positions with Siena group, Mitchell
Madison Group and KPMG, focusing on strategy and
operational improvements in Insurance. He received
his BA from Northwestern University and his MBA
from DePaul University.
ExlService Holdings, Inc. (Nasdaq: EXLS), is a recognized
provider of offshore solutions including business
process outsourcing (BPO), research and analytics
and advisory services. It primarily serves the needs
of Global 1000 companies in the banking, financial
services and insurance sector. EXL is headquartered
at 350 Park Avenue, New York, NY. Find additional
information about EXL at www.exlservice.com
This press release contains forward-looking
statements. You should not place undue reliance
on those statements because they are subject to
numerous uncertainties and factors relating to the
Company's operations and business environment, all
of which are difficult to predict and many of which
are beyond the Company's control. Forward-looking
statements include information concerning the Company's
possible or assumed future results of operations,
including descriptions of its business strategy.
These statements often include words such as "may,"
"will," "should," "believe,"
"expect," "anticipate," "intend,"
"plan," "estimate" or similar
expressions. These statements are based on assumptions
that we have made in light of management's experience
in the industry as well as its perceptions of historical
trends, current conditions, expected future developments
and other factors it believes are appropriate under
the circumstances. You should understand that these
statements are not guarantees of performance or
results. They involve known and unknown risks, uncertainties
and assumptions. Although the Company believes that
these forward-looking statements are based on reasonable
assumptions, you should be aware that many factors
could affect the Company's actual financial results
or results of operations and could cause actual
results to differ materially from those in the forward-looking
statements. These factors are discussed in more
details in the Company's filings with the Securities
and Exchange Commission, including the Company's
Annual Report on Form 10-K for the year ended December
31, 2006. These risks could cause actual results
to differ materially from those implied by forward-looking
statements in this release.
You should keep in mind that any forward-looking
statement made herein, or elsewhere, speaks only
as of the date on which it is made. New risks and
uncertainties come up from time to time, and it
is impossible to predict these events or how they
may affect the Company. The Company has no obligation
to update any forward-looking statements after the
date hereof, except as required by federal securities
laws.
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