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iGate chief Ashok Vemuri to give unit heads more power

• By People Matters

An Economic Times report says that information technology firm iGate's new boss Ashok Vemuri wants the firm to move away from the personality-led leadership style of former chief executive Phaneesh Murthy. Vemuri told analysts at a technology meet that he will give its unit heads more power.

Vemuri told analysts that he will work to bring in more decentralisation and verticalisation; the new structure will create a multitude of smaller industry-focused business units with independent profit and loss responsibility, the report said.

Vemuri also wants to rev up recruitment and bring employee utilisation from the existing 84% to around 75%. iGate will invest in mobility and analytics.

Read the ET report here