Intelligroup Appoints New Chief Financial Officer
EDISON, N.J., October 15, 2004/PRNewswire-FirstCall/
-- Intelligroup, Inc., (NASDAQ: ITIGE), a global
provider of strategic IT outsourcing services,
today announced that it has appointed Madhu Poomalil
as its Chief Financial Officer effective immediately.
Mr. Poomalil will be responsible for the Company’s
worldwide finance and accounting functions. Mr.
Poomalil has been the Chief Financial Officer
of its India operations for the past five years,
being responsible for managing international finance
and administration functions as well as various
operational components of the India operation.
Prior to Intelligroup, Mr. Poomalil held various
positions in member firms of Ernst & Young,
LLP, D.E. Shaw and ADP Wilco. Mr. Poomalil is
also a Chartered Accountant from the Institute
of Chartered Accountants of India.
The Company’s current Chief Financial
Officer, David Distel, has decided to leave
the company to pursue other opportunities.
“With Madhu’s abilities, experience
and historical knowledge of the Company, we
are excited about this appointment and look
forward to moving beyond our recent challenges”,
commented Arjun Valluri, Intelligroup’s
Chief Executive Officer, “at the same
time, we wish Dave the best for the future and
thank him for his contribution”.