Servion Global appoints Sameet Gupte as CEO

CHENNAI: Servion Global Solutions, a Everstone Capital and Solmark backed firm, today announced appointment of Sameet Gupte as its new CEO and Member of Board.

In 2014, Everstone Capital along with Solmark, through Evertech signed an agreement to invest Rs 403 crore for acquiring majority stake in Servion Global Solutions Ltd.

The city-based customer management solutions provider, has charted out a plan to "double" its revenues within the next four years, a company statement said. "Servion Global Solutions today announced the appointment of IT services veteran Sameet Gupte as its new CEO and a Board member.

"The new appointment comes as a the company plans to double revenue within next four years, with the firm growing at around 20 per cent annually", it said.

Prior taking up the new role, Gupte was serving as "Executive Vice-President and Global Head of financial services for VirtusaPolaris".

Gupte replaces Balakrishnan K who has been elevated to Executive Vice-Chairman of Servion's Board.

Two-thirds of the company's revenue is contributed from the operations in the UK, the US and the company "would focus more on these markets", it said.