CAMBRIDGE, Mass., Sept. 27 /PRNewswire-FirstCall/ -- Patni Computer
Systems, Ltd. announced the appointment today of Bill Budde as Vice President
and General Manager for Insurance and Benefit Management Services. As the
global leader for this practice, Budde will oversee the sales, marketing and
delivery practices within the Insurance unit -- managing a team of over 2,000
people.
Mr. Budde comes to Patni from Electronic Data Systems Corporation (EDS),
where he served as a Senior Client Executive. Most recently, Budde led the
reorganization and development of EDS' global insurance services practice,
resulting in over $2 billion in new contracts for the corporation within 24
months of the project's completion.
"We are excited with the addition of Bill to our Insurance Services
Business Practice," said Mrinal Sattawalla, Patni's Senior Vice President of
Sales and Marketing. "His proven results and extensive experience in the
field will undoubtedly be an asset to driving the corporate objectives of the
group forward."
Budde brings more than 20 years of insurance industry experience to Patni,
with expertise in designing, implementing and managing global IT service
solutions for insurance providers and consulting firms. Prior to his time at
EDS, Budde was the Vice President and CIO of Discover Reinsurance, and a
senior executive with Zurich Insurance. Budde's professional affiliations
include past President of the Zurich Society of Insurance Professionals, the
Chicago chapter of the CPCU and the Northern Illinois Computer Society.
As one of the leading global providers of IT services, Patni provides
outsourced IT consulting and software services to the world's largest
insurance companies across various lines of business.
About Patni Computer Systems Limited
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI) is a global
IT Services provider servicing Global 2000 clients in the Manufacturing,
Insurance, Banking & Financial Services, Retail, Hospitality, and Energy &
Utilities industries. With a skilled employee strength of over 7,000; multiple
offshore development facilities across six cities; and 22 international
offices across the Americas, Europe and Asia-Pacific; Patni has registered
revenues in excess of US $251 million for the year 2003.
Patni's technology focus spans e-business solutions, enterprise
applications, embedded technology solutions and enterprise systems management.
Its service offerings include application development and reengineering,
application management and business process outsourcing.
Committed to quality, Patni adds value to its client's businesses through
well-established and structured methodologies, tools and techniques. Patni is
an ISO 9001:2000 certified and SEI-CMMi Level 5 organization, assessed
enterprise wide at P-CMM Level 3. In keeping with its focus on continuous
process improvements, Patni adopts Six Sigma practices as an integral part of
its quality and process frameworks.
SOURCE Patni Computer Systems, Ltd.
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Related links: http://www.patni.com
CONTACT: Mark Crowley for Patni Computer Systems Limited, +1-617-399- 4922, markc@text100.com
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