ExlService (EXLS) Announces President & COO Pavan Bagai to Retire, Effective October 1st

April 19, 2021 4:04 PM EDT

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EXL (NASDAQ: EXLS), a leading Operations Management and Analytics company, today announced that Pavan Bagai, President and Chief Operating Officer, will retire from the company effective as of October 1, 2021. Mr. Bagai’s responsibilities will be transitioned in an orderly manner to other members of EXL’s executive team over the course of the next several months.

Rohit Kapoor, Vice Chairman and Chief Executive Officer, said, "Pavan has been an architect of EXL as well as a mentor and friend of many within the company, including myself. He has been a great partner for me in building the organization into what it is today. Pavan’s career with EXL mirrors the company’s own growth. His leadership established the foundation of our operations management business, his guidance helped develop the Analytics business, and it is his insight that has enabled our shift to digital. In addition to guiding EXL to success, Pavan has been instrumental in navigating the company through every challenge it has faced, including most recently the COVID-19 pandemic. Above all, nurturing the 'soul of EXL' was always on Pavan’s mind, and he will leave an indelible mark on the organization and each of us. I am happy that Pavan will now be able to devote more time to his other passions. All of us at EXL will miss him, and we wish the best for him."

“On behalf of the Board and all of EXL, we thank Pavan for his 19 years of leadership and enormous contributions to the company,” commented Garen Staglin, Chairman of the Board. “Pavan’s dedication to our values, our customers, and our employees has inspired us all. We extend our sincere gratitude for his many years of service to EXL.”

Mr. Bagai said, “The decision to retire from EXL was not an easy one for me. For nearly two decades the growth of our company and its people has been my prime motivator and I am extremely proud of what we have accomplished together. My journey has been exciting, enjoyable and fulfilling. It has been a pleasure working with Rohit, the rest of the leadership team, and indeed all the employees of EXL. I leave knowing the company is the strongest it has ever been and stands well-positioned for the digital future. I look forward to watching its continued success.”

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