DAVID ANDREWS RECEIVES THE ECONOMIC TIMES 2010 'ENTREPRENEUR OF THE YEAR' AWARD
(Thomson Reuters ONE) -
Press Release
DAVID ANDREWS RECEIVES THE ECONOMIC TIMES 2010 'ENTREPRENEUR OF THE YEAR' AWARD
India's largest financial daily honours Xchanging's CEO for his entrepreneurial
dynamism and contributions to the Indian BPO industry
NEW DELHI, 28 October, 2010 - David Andrews, founder and CEO of Xchanging (LSE:
XCH), one of the largest and fastest growing business processors, has been
recognised as the 'Entrepreneur of the Year' by The Economic Times, India's most
respected and largest circulating financial daily. The Economic Times awards
recognise the contribution of leaders and organizations to the Indian Business
Process Outsourcing (BPO) industry. The jury chose David Andrews for his
entrepreneurial achievements and ability to foray into a tier 3 Indian town to
set up a business processing centre.
Xchanging recently signed an agreement with the State Government of Karnataka to
lease and jointly develop six acres of land in a new SEZ that is being developed
in Shimoga - a tier 3 town north-west of Bangalore. Xchanging will build a
state-of-the-art business processing centre on this land, making it one of the
first multinational companies to set up a centre in a tier 3 location in India.
British Prime Minister, David Cameron called this project "the very best of UK
and Indian ingenuity and creativity".
TK Arun, Editor of The Economic Times and one of the jury members for the award
said, "The entrepreneurial dynamism shown in setting up shop in a small town,
minimising the carbon footprint and still growing rapidly is definitely
impressive. The jury chose to recognise David Andrews for this entrepreneurial
quality".
Accepting the award, David Andrews said, "It is a great privilege to be given
this honour. I thank The Economic Times for their choice. It is the customers
and employees of Xchanging who enable our entrepreneurism. I accept this award
on their behalf".
The new centre in Shimoga will be Xchanging's fourth major processing centre in
India. Xchanging employs over 3,400 people in India and has three of its top ten
global processing hubs in Bangalore, Gurgaon and Chennai. The company set foot
in India in the year 2003 and has since then significantly expanded its
operations in the country. In 2008 Xchanging announced the acquisition of
Cambridge Solutions Limited, listed on the Indian stock exchanges.
-ENDS-
For further information, please contact:
Xchanging
Meeta Thareja
Tel: +44 (0)20 7780 5374
meeta.thareja(at)xchanging.com
India - Gutenberg Communications Tel: +91
(0)41324 969/968/291
Sonali Madbhavi / Anna R Beck
sonali(at)gutenbergpr.com / anna(at)gutenbergpr.com
UK - Cardew Group Tel:
+44 (0)20 7930 0777
Rupert Pittman / David Roach
xchanging(at)cardewgroup.com
About Xchanging
Xchanging is one of the largest and fastest growing business processors. With a
wide range of multinational customers in 42 countries and employing over 8,000
people, we are a truly global company. Our aim is simply to provide business
processing services better, cheaper and faster.
Xchanging provides procurement, accounting, human resources and technology
services across industries. These include banking, insurance, manufacturing,
retail and real estate among others. We combine functional expertise with deep
industry domain knowledge to provide industry-specific outcomes for our
customers.
Listed on the London Stock Exchange in 2007, the company is in the FTSE250, the
index of mid-capitalised companies traded on the London Stock Exchange.
Xchanging is also a member of the FTSE4Good index which measures the performance
of companies that meet globally recognised corporate responsibility standards.
www.xchanging.com
About David Andrews
David founded Xchanging in the year 1999. Today Xchanging (LSE:XCH) is one of
the largest and fastest growing business processors and has over 8,200 people in
10 countries serving customers in 42 countries.
Previously David built up Accenture's outsourcing business and had
responsibility for managing major technology replacement programmes in Europe.
In 1990, he led the successful Accounting outsourcing for British Petroleum -
the first of its kind in the world. Then in 1992 he led the massive outsourcing
arrangement for the London Stock Exchange.
In 1994, he relocated to Paris to take responsibility for Accenture's business
in West Europe. Over three years he moved West Europe from the worst to the most
profitable of the 9 Accenture regions worldwide. During this time David was also
responsible for the implementation of the Xetra trading system at Deutsche
Börse.
Before joining Accenture, he managed a major programme of hospital refurbishment
and health care infrastructure renewal in Congo.
David is a Fellow of the Institute of Chartered Accountants. He has an MA in
Finance and Administration from the Sheffield University. David was appointed to
the Supervisory Board of Deutsche Börse AG in 2003 and is a William Pitt fellow
of Pembroke College Cambridge.
[HUG#1456140]
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Source: Xchanging via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 28.10.2010 - 05:00 Uhr
Sprache: Deutsch
News-ID 46772
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Town:
London
Kategorie:
Business News
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