EXL appoints Vishal Chhibbar as Chief Growth and Strategy Officer
July 10 2023 - 3:32PM
EXL [NASDAQ: EXLS], a leading data analytics and digital operations
and solutions company, announced the appointment of Vishal Chhibbar
as executive vice president and chief growth and strategy officer.
He will report to Rohit Kapoor, vice chairman and chief executive
officer of EXL and will be an executive committee member.
The appointment marks Chhibbar’s return to EXL after serving as
the company’s chief financial officer from 2009 to 2019, where he
instituted some of EXL’s foundational growth strategies. In his new
role, Chhibbar will draw on his leadership experience, financial
expertise, and knowledge of EXL’s business to spearhead EXL's
growth, overseeing areas such as strategy, marketing, sales
governance, mergers and acquisitions and partnerships.
“Vishal brings that unique combination of deep expertise
grounded in the fundamentals with the vision and creativity to see
the next big opportunity and seize it," said Kapoor. “As our
business continues to grow at a rapid pace, driven increasingly by
our work leading enterprise digital transformation initiatives and
large-scale AI deployments, Vishal’s practical insights and keen
instincts will be a tremendously valuable asset. I’m thrilled to
have him back on the team.”
In his previous role, Chhibbar served as the chief financial
officer at Brillio, a leading digital technology consulting and
solutions company, where he played a pivotal role in guiding the
organization through a period of unprecedented growth. Prior to
that, he was the president and chief financial officer of EPIQ, a
global legal tech-enabled service leader. With vast experience
leading fast-growing digital solutions companies in highly volatile
market environments, Chhibbar has overseen all aspects of strategy,
mergers and acquisitions and financial planning initiatives. He has
also served in various leadership roles across companies such as GE
Capital, American Express Bank, and Xerox, and directed initiatives
in Australia, New Zealand, South Korea, Indonesia, Malaysia, India,
and the United States.
“This is an exciting time to join EXL while bringing a renewed
focus on driving growth with our end-to-end service offerings that
employ data management and analytics, generative AI capabilities,
deep domain expertise and digital operations to deliver exceptional
value to our clients,” said Chhibbar. “To achieve our growth
objectives, we will continue to enhance our capabilities through
key partnerships, strategic investments and M&A. I am
privileged to have this opportunity to collaborate with the
exceptional leadership of EXL and drive the growth strategy in this
rapidly changing business environment.”
Chhibbar is a Chartered Accountant and a member of CPA
Australia.
About EXL
EXL (NASDAQ: EXLS) is a leading data analytics and digital
operations and solutions company that partners with clients to
improve business outcomes and unlock growth. By bringing together
deep domain expertise with robust data, powerful analytics, cloud,
artificial intelligence (“AI”) and machine learning (“ML”), we
create agile, scalable solutions and execute complex operations for
the world’s leading corporations in industries including insurance,
healthcare, banking and financial services, media, and retail,
among others. Focused on driving faster decision-making and
transforming operating models, EXL was founded on the core values
of innovation, collaboration, excellence, integrity and respect.
Headquartered in New York, our team is over 47,000 strong,
with more than 50 offices spanning six continents. For more
information, visit www.exlservice.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the United States Private Securities Litigation
Reform Act of 1995. You should not place undue reliance on those
statements because they are subject to numerous uncertainties and
factors relating to EXL's operations and business environment, all
of which are difficult to predict and many of which are beyond
EXL’s control. Forward-looking statements include information
concerning EXL’s possible or assumed future results of operations,
including descriptions of its business strategy. These statements
may 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 EXL believes that these forward-looking statements are
based on reasonable assumptions, you should be aware that many
factors could affect EXL’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, which
include our ability to maintain and grow client demand, our ability
to hire and retain sufficiently trained employees, and our ability
to accurately estimate and/or manage costs, rising interest rates,
rising inflation and recessionary economic trends, are discussed in
more detail in EXL’s filings with the Securities and Exchange
Commission, including EXL’s Annual Report on Form 10-K. 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 EXL. EXL
has no obligation to update any forward-looking statements after
the date hereof, except as required by federal securities laws.
© 2023 ExlService Holdings, Inc. All rights reserved. For
more information go to www.exlservice.com/legal-disclaimer
ContactsMedia Keith Little+1
703-598-0980 media.relations@exlservice.com
Investor RelationsJohn Kristoff+1 212 209
4613IR@exlservice.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/70129cb9-5258-4b2f-a46a-055e92f1306e
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