WNS announces Neeraj Bhargava transition from CEO to advisor

Neeraj Bhargava, co-founder and CEO of NYSE-listed business process outsourcing firm WNS (Holdings), will transition to the role of strategic advisor to the company. He will continue in his current role of Group CEO until such time that a successor is appointed. The transition is expected to take place in the second half of 2009.

The board will conduct a global executive search to select the chief executive, who will take WNS to the next stage of its development by accelerating its growth and profitability, said the statement from the company.

“At this point, I am ready to take on a less intensive role, transitioning from an operating executive to an advisor and I look forward to supporting my successor to continue WNS’s path of exceptional growth,” said Bhargava.

Bhargava has been with the comany since its inception. Starting his career with WNS as co-founder, president and CFO in 2002, Bhargava was appointed Group CEO in December, 2003.  During this time, the company was transformed from a British Airways captive operation to a global BPO company serving over 200 clients today.

Under his stewardship, the company recently completed the acquisition of Aviva’s capitive unit worth $228 million.