ExlService Holdings, Inc. (NASDAQ: EXLS) has announced that Vivek Jetley, the company's President and Head of Insurance, Healthcare and Life Sciences, intends to resign from his positions effective October 26, 2026. According to the filing, Mr. Jetley is resigning to pursue an opportunity outside the company, specifically to assume the role of Chief Executive Officer of Hexaware Technologies Limited.
The resignation is not the result of any disagreement with the Company, its Board of Directors, or management regarding the Company's operations, policies, or practices. Until the effective date of his departure, Mr. Jetley will continue to serve in his current role and assist the Company with an orderly transition of duties. His responsibilities will be assumed by other members of the Company's management team.
In a press release accompanying the filing, Rohit Kapoor, Chairman and Chief Executive Officer of EXL, stated that Mr. Jetley has been a leader and trusted partner for nearly 20 years. Mr. Kapoor noted that Mr. Jetley was instrumental in building the company's analytics capability and leading its insurance and healthcare businesses. The Company emphasized that it has a deep bench of talent and will not miss a beat in executing on its data and AI strategy.
Mr. Jetley expressed that it has been a privilege to be part of the EXL family and that he is proud of the accomplishments achieved together. He stated his intention to support the Company in the coming months to ensure a smooth transition and that he will always root for EXL's continued success.