3i Infotech announced that the company has appointed R V Ramanan as the president and chief operating officer (COO). Ramanan as the COO will be responsible for the delivery of services across both Product and Service lines.

In addition, Ramanan will also provide strategic direction in building the road-map for our core set of product IP's and work towards leveraging the strong client base and domain strength within 3i Infotech. He would also work closely with 3i Infotech's Board of Directors and keep them abreast of programmatic strategies and challenges.
 
Ramanan was last associated with Hexaware Technologies as the ED & COO and has a rich experience of over 25 years in the IT industry across various companies such as TCS and Citibank. In Hexaware, Ramanan was managing all the service line business and was responsible for global operations. He brings with him an in-depth Technology understanding, Strong Financial domain expertise and an ability to manage large teams. Ramanan holds a Post Graduate degree in technology from IIT, Delhi.
 
Commenting on his appointment, Madhivanan Balakrishnan, managing director & Global CEO, 3i Infotech said, "Ramanan joins 3i Infotech at an opportune moment, with his wide experience in the IT world, he will be a strong asset to the team and we look forward to working closely with him in our quest to put 3i Infotech back on the path of growth."
 
Shares of the company gained Rs 0.12, or 1.55%, to trade at Rs 7.85. The total volume of shares traded was 85,960 at the BSE (1.14 p.m., Monday).