Genpact Strengthens Business Development Leadership Team for Banking, Financial Services and Insurance Businesses

Genpact Significantly Increases U.S.-Based Vertical Expertise

NEW YORK--(BUSINESS WIRE)-- Genpact Limited (NYSE: G), a global leader in business process and technology management, today announced key additions to its business development team in the U.S. for its banking, financial services and insurance (BFSI) business. These business development executives bring extensive industry experience to their Genpact roles and are contributing to Genpact’s strategy of expanding both its U.S. presence and successful BFSI client base. This is in addition to the strength gained in the capital markets and investment banking segment from the company’s Headstrong acquisition. Leading the effort are Charles (Chaz) Presentasbusiness development lead for banking and financial services, and Peter Cincogrono, head ofinsurance business development.

Bringing his expertise from the client side, Chaz Present joins Genpact from one of the largest global banks and adds more than 25 years of extensive experience in financial services sales, marketing and client management. In his prior roles, he managed a large team of global sales professionals who were responsible for selling corporate banking products and services to institutional clients.

Chaz is supported by a number of new banking domain experts hired recently to strengthen the team:

• Rick Seaberg, banking business development – Rick comes to Genpact with nearly 30 years of sales, management and business development experience working with some of the largest financial institutions. He most recently served as the head of the Financial Services Channel at a large global services company and has also worked for one of the large global accounting firms as senior managing director of their Global Accounts Management group.
• Christopher Acevedo, banking and commercial lending business development – Chris joins Genpact with 20 years of experience in this market segment. Chris was at a number of large global European banks, where he led the financial industry outsourcing business development organization. Prior to that, he was with a large U.S.-headquartered global bank, where he led a number of global product business and sales groups.
• Tim Ohl, global relationship manager – Tim brings more than 20 years of work experience in various leadership roles including as chief financial officer for a large global energy services company and as the president of Global Business and Account Development for a large corporate payments services group.
• Agustín Lago, global relationship manager – Agustínhas over 20 years of total experience working around the world within large global financial services companies, including lead operations roles in payments and credit card divisions. He most recently was running his own firm that provided specialized consulting to financial services institutions in the global payments, operations, risk management and regulatory change space.

Peter Cincogrono is driving Genpact’s go-to-market approach for the life and property and casualty insurance markets, adding over 25 years of experience in key sales and leadership positions with Fortune 100 companies. Peter previously served as the global director of sales and business development for the insurance/financial services practice at a large global service provider where he led a team that contributed to the significant growth of the company’s client revenues.

Joining Peter is Holly Neumann who brings with her over 25 years of sales and business development experience in life insurance, property and casualty, brokerage and asset management. In her recent past she worked in a number of global firms including as the global relationship director for a large payments company.

“We see tremendous growth opportunities in the consumer and commercial lending businesses as well as the broad insurance vertical for our business process and technology management services, and we are thrilled to have these accomplished industry experts as client and business development leaders on the Genpact team to help drive growth,” said Mohit Thukral, senior vice president and global leader, BFSI, Genpact. “Our deep heritage of more than a decade in consumer financial services, commercial lending and leasing, as well as in core banking and all insurance and reinsurance segments is unique.“

“Our focus in every industry vertical is to build true expertise that we combine with our deep understanding of processes to really bring thought leadership to our clients,” said Tiger TyagarajanGenpact. “This helps us deliver efficiency and also effectiveness that drives real business impact. Our objective is to also make our clients smarter at making decisions through our Smart Decision Services offerings around analytics, risk services and reengineering. These front-end investments in the consumer and commercial lending and insurance verticals, along with similar investments that Headstrong had already made in the capital markets vertical, really allow Genpact to serve the entire financial services industry with true domain expertise.”

About Genpact

Genpact is a global leader in business process and technology management, offering a broad portfolio of enterprise and industry-specific services. The company manages over 4,500 processes for more than 600 clients worldwide. Putting process in the forefront, Genpact couples its deep process knowledge and insights with focused IT capabilities, targeted analytics and pragmatic reengineering to deliver comprehensive solutions for clients. Lean and Six Sigma are an integral part of Genpact’s culture and Genpact views the management of business processes as a science. Genpact has developed Smart Enterprise Processes (SEP^SM), a groundbreaking, rigorously scientific methodology for managing business processes, which focuses on optimizing process effectiveness in addition to efficiency to deliver superior business outcomes. Services are seamlessly delivered from a global network of centers to meet a client’s business objectives, cultural and language needs and cost reduction goals. Learn more at www.genpact.com.

Genpact Media RelationsGail Marold, +1 919-345-3899
[email protected]
or
For Genpact U.S.Barbara Tate, +1 212-880-5338
[email protected]
or
For Genpact IndiaRupali Kathuria, +91 124 441 7589
[email protected]

Source: Genpact