Ashok Vemuri will become chief executive officer of the Business Process Outsourcing (BPO) company upon the completion of the separation of Xerox into two publicly-traded companies. Mr. Vemuri will join Xerox effective July 1, 2016 and serve as chief executive officer of Xerox Business Services and an executive vice president of Xerox Corp until the separation is complete.
On January 29, 2016, Xerox announced its plans to separate into two independent, publicly-traded companies – a document technology company, comprised of its document technology and document outsourcing businesses, and a BPO company.
Mr. Vemuri was previously president and chief executive officer of Igate. Before joining Igate, Mr. Vemuri spent fourteen years at Infosys. From 2012 to 2013, he served as senior vice president and head of Americas and global head of Manufacturing and Engineering Services. Prior to joining Infosys in 1999, he worked in the investment banking industry at Deutsche Bank and Bank of America.
Mr. Vemuri is a member of the World Economic Forum IT Board of Governors. He holds a Bachelor of Science degree with honors in physics from St. Stephen’s College, Delhi and received his MBA from the Indian Institute of Management, Ahmedabad.