Conduent names Lokesh Prasad India CEO

Business process services provider Conduent has named Lokesh Prasad as Chief Executive Officer of Conduent India. Conduent, a BPO company originally created as a divestiture from Xerox, said Prasad will be responsible for further developing the USD6.5bn company’s presence in India. In a statement, Conduent CEO Ashok Vemuri said Prasad’s background will help Conduent India push the envelope of tech-led business services and expand its already impressive workforce. Prasad, who will be based in Gurgaon, is also tasked to grow the 10,000-employee workforce of Conduent in India. He previously served as Head of Emerging Markets for UnitedHealth Group in Gurgaon, and was responsible for managing profit and loss (P&L) for India and the Middle East. He was instrumental in creating a global sourcing and delivery strategy for UnitedHealth Group, and setting up their IT and BPO business in the US and Asia.