NEW YORK - Genpact (NYSE: NYSE:G), a global professional services firm, has announced the appointment of Vipin Gairola as the new Global Operating Officer and the promotion of Vidya Rao to Chief Technology and Transformation Officer. These strategic moves aim to enhance the company's digital transformation capabilities and drive growth through an AI-first approach.
Vipin Gairola, who previously held senior leadership positions at Accenture (NYSE:ACN), including Chief Strategy Officer for Accenture Operations, will now oversee Genpact's global client operations, analytics, and technology. His extensive experience in strategy and operations is expected to advance the company's service delivery by integrating AI-led solutions across all countries.
Vidya Rao, formerly Genpact's Chief Information Officer, will expand her responsibilities to reimagine the firm's internal processes, tools, and infrastructure, emphasizing an AI-first methodology. Additionally, Rao will establish a world-class data office to strengthen Genpact's data capabilities, driving insights to support AI and automation initiatives.
BK Kalra, President and CEO of Genpact, expressed enthusiasm for the new appointments, citing the importance of leadership with deep expertise in data, analytics, and AI to navigate the company's future growth.
Genpact, known for its work with the Global Fortune 500, combines industry and functional expertise with innovative talent and methodologies to create competitive advantages for clients.
The information is based on a press release statement from Genpact.
InvestingPro Insights
As Genpact (NYSE: G) embraces an AI-first strategy with its recent executive appointments, investors may find the company's financial health and market position to be of interest. According to InvestingPro data, Genpact boasts a Market Cap of $6.31B, reflecting its substantial presence in the professional services sector. The company's P/E Ratio stands at a reasonable 14.77, with an adjusted P/E Ratio for the last twelve months as of Q3 2023 at 14.06, indicating that the stock may be trading at a low earnings multiple which can be attractive to value investors.
One of the highlighted InvestingPro Tips for Genpact is that it has a perfect Piotroski Score of 9, suggesting strong financial health across several metrics. Additionally, Genpact has raised its dividend for 7 consecutive years, signaling a commitment to returning value to shareholders. This is further underscored by the company's recent Dividend Growth of 10.0% as of the last twelve months ending Q3 2023.
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