MphasiS Limited announced that consequent to change in control of the company the Board of directors approved the appointment of Mr. David Lawrence Johnson, Mr. Dario Zamarian, Mr. Paul James Upchurch, Mr. Amit Dixit and Mr. Amit Dalmia as Directors on the Board. The Directors have been appointed as non-executive additional Directors effective the closing hours of September 1, 2016. The Board also approved the recording of resignations of Mr. Stefan Antonio Lutz, Mr. James Mark Merritt, Mr. Lakshmikanth K Ananth, Mr. Jeff Thomas Ricci and Ms. Mary Teresa Hassett, effective the closing hours of September 1, 2016. David Lawrence Johnson is a senior advisor to Blackstone. He joined the firm in 2013. He is currently a Director of Optiv, Cylance, Pactera, Intsights and Green sky Labs. Dario Zamarian is a Senior Business Executive with broad experience in IT industry. Mr. Zamarian is an Operating Advisor with The Blackstone Group. Prior to Blackstone, Mr. Zamarian was Dell’s Global Vice President and Worldwide General Manager of the Enerprise Systems & Solutions and the Networking Divisions. Mr. Zamarian is a Board member and member of Audit Committee of Optiv, Scale Computing and RTDA. Paul Upchurch is from Blackstone. Amit Dixit is a Senior Managing Director and Co-Head of Private Equity in India. Amit Dalmia is an Executive Director in the Corporate Private Equity group in Blackstone.
Mphasis Limited is an India-based company, which applies design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. The Company's segments include Banking and Financial Services, Logistics and Transportation, Technology Media and Telecom, Insurance, and Others. It uses its Front2Back transformation approach, which uses cloud and cognitive to provide personalized digital experiences to clients and their end customers. It provides a range of services, which includes application services, blockchain platform, business process services, cloud, cognitive, cyber security, digital, enterprise automation, infrastructure services, products engineering, XaaP (Everything as a Platform) services, and others. It serves various industries, which include banking-capital market, insurance, healthcare and life science, payments, hospitality, travel and transportation, energy and utilities, oil and gas and others.