UK - Bhargava heads 3i's new focus on outsourcing

Akshaya, 49, is an ex-banker having spent 22 years with CitiBank in a number of senior positions in India, the Czech Republic and the UK. Until recently he was the CEO of Progeon, a subsidiary of India’s second largest IT services company.

Akshaya’s mission will be to form a team to focus on a two-pronged strategy of identifying attractive investment opportunities and leverage offshore BPO for its portfolio companies. 3i will focus initially on companies with minimum revenues of €100m mainly in the financial services sector in the UK, Germany, the USA and India. The new team will focus on private equity opportunities where it can invest in profitable companies that manage traditional back office functions.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• People
• UK / Ireland
• Support services