Outsourcing Today News: November 28, 2007

 

FAO Today Magazine Announces Recipients of 2007 Global Executive Awards

ROSELAND, N.J. (November 28, 2007) – FAO Today, the number one thought leadership publication covering the $39 billion finance and administrative outsourcing industry, today announced the recipients of the FAO Today Magazine 2007 Global Executive Awards.  A total of six awards, recognizing the outstanding accomplishments of four executives and two organizations were announced at the FAO Today ONE Conference for Finance and Procurement Globalization on November 15, 2007 at the Marriott Evergreen Conference Resort in Stone Mountain, Georgia.

 

The 2007 FAO Today Magazine Global Executive Award recipients are:

 

CFO or Global Practitioner of the Year: 
James W. Martin, former head of Shared Services, International Paper (retired from International Paper and now with Capgemini), was recognized for establishing a landmark program for the outsourcing of Accounts Payable and General Ledger to Capgemini.

 

Global Executive of the Year:
Kevin Campbell, Group CEO BPO Services, Accenture was recognized for his leadership and vision in establishing both multi-tower and middle market programs that continue to lead the industry in innovation.

 

Provider of the Year:
Infosys BPO, specifically Ritesh Idnani, vice president and head of Global Sales, for that organization’s unprecedented growth and impressive client wins in creative deal structures that continue to redefine the BPO space.

 

Relationship of the Year:
Outsource Partners International and Trinity Industries for developing a full partnership and to Trinity for open sharing of success that has further resulted in learning opportunities for many other companies while helping to spur adoption of FAO.

 

FAO Today also awarded two special achievement awards for executives who have performed outstanding work that merited a distinct accolade.

 

Market Maker Award:
Eric Selvadurai, CEO, BPO Services, WNS Global for being part of the team that led the first successful initial public offering of stock in the FAO industry.  Doing so established the legitimacy of the pure play Finance and Accounting BPO firms and paved the way for the growth of the industry.

 

Special Recognition Award:
V.N. “Tiger” Tyagarajaran, executive vice president, Global Sales and Marketing, Genpact for providing leadership and vision and being part of a team that has propelled Genpact to the fastest growth curve, the most successful company launch and the largest initial public offering of stock in FAO history. 

 

Elliot H. Clark, chairman and CEO of Outsourcing Today, publishers of FAO Today and HRO Today magazines, commented, “FAO Today Magazine assembled an independent selection committee comprised of industry participants who carefully reviewed dozens of companies and hundreds of executives.”  Clark continued, “This first-annual event brought together the Finance and Procurement Industry’s best and brightest for outstanding performance in both captive and outsourced environments and we’re delighted to recognize their efforts.”

 

Also announced at the 2007 event was the formation of a North American Finance Forum, a member-driven association.  The next meeting of the association, which will include the highly rated Futurist panel of industry experts, will be held in New York at the Union League Club on June 3, 2008.  At that time, the results of finance and accounting BPO benchmarking survey data will be released.

 

More information about the forum and the FAO Today conference can be accessed at www.faotoday.com

 

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MEDIA CONTACT:
Jeanne Achille
The Devon Group
732-224-1000, ext. 11
Jeanne@devonpr.com

 

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