I am very pleased to announce the appointment of Trevor Clancy to the role of Director of Operations for Portland Group.
Trevor has been integral to the development of Portland Group since he came on board as a business analyst some twelve years ago. Trevor quickly became a core member of the procurement consulting team, and over the years rose to the level of Associate Director by consistently exceeding client expectations in the delivery of large procurement programmes for clients across a wide variety of industries including aviation, construction, defence, financial services, FMCG, hospitality, manufacturing, media, and retail.
More recently, Trevor took up the role of Portland Group Director – Service Delivery, a new role that was established to support the continued rapid growth of the business. His objectives in this role were to ensure that Portland’s high standards of delivery were maintained across both our consulting and managed services teams, which included aspects of resource planning, recruitment, capability development, and technology enablement. A major achievement in this role was the establishment of the Portland Global Delivery Centre in Pune, India, which has now grown to 100+ specialist procurement personnel, and provides services to many of Australia’s leading procurement teams.
Today, Trevor’s role as Director of Operations will see him responsible for driving the efficient operation of the business, and more importantly, continuing to ensure outstanding results for our clients. In addition to service delivery, Trevor’s responsibilities include working with our practice areas – such as supply chain, marketing, property, procurement operations and directs, and ownership of the Portland Global Delivery Centre and support functions of finance, legal, IT and marketing.
As Portland Group continues to grow and expand the scope of procurement and supply chain services that we provide, we are committed to investing in our people and ensuring that they have the necessary leadership and support to deliver consistent quality outcomes for our clients. Trevor is the embodiment of this commitment – he is passionate about developing the capability of individuals and the company as a whole, and by result, the capabilities of our clients.
Infosys Portland is a subsidiary of Infosys BPO Ltd., a part of Infosys Ltd. Our mission is to make our clients successful by increasing their profitability through procurement and supply chain improvements. We are unique in providing services to improve efficiency and effectiveness across our clients’ complete procurement and supply chain functions, ranging from innovative, high-end strategy through to effective, low-cost operations and transactional processing. The resulting transformational benefits for clients include lower costs, reduced risk and improved service from client suppliers.
Infosys BPO Ltd. ( www.infosysbpm.com ), the business process outsourcing subsidiary of Infosys Ltd., was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, on-going productivity improvements, and process reengineering. Infosys BPO operates in India, Poland, the Czech Republic, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the United States, China, the Philippines, Japan and Australia, and as of December 31, 2013, employed 27,894 people. It closed FY 2012-13 with revenues of $583.1 million.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorised use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2013 and on Form 6-K for the quarter ended December 31, 2013. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.
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