Mumbai, India-based WNS (Holdings) Ltd. (NYSE:WNS) switched CFOs this morning.
On Wednesday, WNS announced that Mr. Deepak Sogani has stepped down from his post as the company's chief financial officer "for personal reasons." He was immediately replaced by WNS's corporate senior vice president for finance, Sanjay Puria, a certified public accountant and chartered accountant who has been with the company for three years, and who has been working in what is colloquially known as the "Indian offshoring" industry for the past 10 years.
In a statement welcoming Puria aboard, WNS CEO Mr. Keshav R. Murugesh reassured investors: "We remain excited about our positioning and business momentum, and are confident in the financial and operational strength of the organization."
As is common with companies incorporated outside the U.S., details on Puria's compensation scheme were not disclosed with the SEC in connection with this announcement.