Bangalore, India - March 9, 2010
Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, today announced a training partnership with the Chartered Institute of Management Accountants (CIMA).
Infosys BPO will adopt and incorporate the CIMA qualification as part of their continuous learning and development program for their supervisory and management team engaged in providing BPO services in the Finance and Accounting function to their clients both outside and in India.
"We are delighted to announce this partnership with Infosys BPO. This partnership is a part of CIMA's endeavor to support organizations globally, in recruiting, retaining and training their human resources for the business needs of today and the future. We believe that the partnership will help them drive business performance, especially in the areas of business analysis, decision support and risk management. Infosys BPO's choice of CIMA as a training partner highlights the emphasis that the organization places on global quality," said Mr. Aubrey Joachim, Global President, CIMA, during his visit to Infosys BPO to announce this partnership.
He further added, "It is a great honor to partner with Infosys BPO on this initiative and it is gratifying to see their faith in us. We strongly believe that the Indian professional has the potential to be the best in the world, and an international, application-oriented, business-relevant qualification such as CIMA will go a long way in building that potential. CIMA students and members occupy key positions in industry and finance, the world-over, and in India. For CIMA in India, this partnership is a step towards what we hope will increase the presence of CIMA qualification in the region and will also give professionals a competitive advantage over the rest."
Swami Swaminathan, CEO and MD, Infosys BPO, said, "Infosys BPO continuously invests in developing and nurturing the talent and competencies of its employees. This partnership with CIMA will provide our employees with the necessary and business relevant knowledge and skills to help enable our clients to achieve improved efficiencies and effectiveness. We believe that this partnership with CIMA and enhanced learning will help our managers to deliver better value to our customers."
Raghavendra K, VP and Head, Human Resources, Infosys BPO, said, "With the partnership with CIMA firming up, Infosys BPO enters into the next phase of capability building and development of talent in the Finance and Accounting domain. Through such focused interventions and partnerships, we hope to strengthen our talent pipeline."
CIMA is the employers' choice when recruiting financially qualified business leaders. The Chartered Institute of Management Accountants, founded in 1919, is the world's leading and largest professional body of Management Accountants, with 171,000 members and students operating at the heart of business in 165 countries. CIMA works closely with employers around the world. It sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the most relevant international accountancy qualification for business.
Infosys BPO Ltd. ( www.infosys.com/bpo), the Business Process Outsourcing subsidiary of Infosys Technologies, was set up in April 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, FAO Today, NelsonHall, and others. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic, China, the Philippines, Poland, Thailand, Mexico, USA and Brazil and employs approximately 17,454 people. It closed FY 2008-09 with revenues of $316.2 million.
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 109,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit www.infosys.com.
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2009, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.