iGate chief Ashok Vemuri to give unit heads more power

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