Firstsource announces change in leadership

Firstsource, among the top BPO firms in India, today announced that Ananda Mukerji, MD and CEO would be stepping down from his current position on July 27, 2010. Matthew Vallance, currently Jt. MD & President BFSI & Telecom and Media and member of the Firstsource Board will succeed him as MD & CEO. From that date, Ananda Mukerji will assume the position of non-executive Vice-Chairman on the board of Firstsource.

Ashok Ganguly, chairman of the company said: “Ananda has led the company since its inception and has established Firstsource as one of India’s largest pure-play BPO companies. The Board would like to acknowledge his vision, leadership and dedication in taking the Company to its present level of performance and profitability and is delighted that he will continue as the non-executive Vice-Chairman. The Board is pleased to accept his recommendation of appointing Matthew Vallance as his successor.”