• Creditors

Quess Corp Appoints Three New Directors to Enhance Board Diversity (~Company expands Board of Directors~)

Bangalore, August 24, 2015:  – Quess Corp Limited, India’s leading business services provider, announced the induction of three new members to its Board. With these appointments, the total strength of the Board of Directors increases to eight directors.

Among the newly appointed are, Mrs. Revathy Ashok, currently on several Board of Directors including Welspun Corp Limited, Shell MRPL Aviation Fuels And Services Limited and L&T Construction Equipment Limited as an Independent Director; Mr. Pratip Chaudhuri, former Chairman of State Bank of India (SBI) and currently on Board of Directors of several companies including CESC Limited and Sundaram Asset Management Company Limited; and Mr. Pravir Vohra, currently on the Boards of several companies including Thomas Cook (India) Limited and Goldman Sachs Asset Management (India) Private Limited.

Mr. M K Sharma, who was part of the board as an Independent Director since July 2013, recently stepped down in June this year, consequent to his nomination as the Chairman of ICICI Bank Limited.

Sharing his thoughts on the recent addition to the board, Ajit Isaac – Chairman & Managing Director of Quess Corp, said, “Quess’s search for diversity and multifaceted business wisdom has led us to Revathy Ashok, Pratip Chaudhuri and Pravir Vohra. They bring tremendous expertise in business strategy, financial structuring and operations that will help us, as Quess readies itself for a new phase of growth. Their diverse competencies will add capacity to an outstanding expanded Board and ensure that we continue to build value for our shareholders”

The organization has always looked out for experts with tremendous business acumen, and will continue pursuing knowledgeable experts to support in building the organization.