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India – Quess Corp appoints former Teamlease CFO as its new CFO, separates chairman and managing director roles

02 March 2021

Indian staffing firm Quess Corp announced a number of leadership changes yesterday.

Quess Corp announced that it has appointed N Ravi Vishwanath as CFO of the company effective 1 April 2021.

Vishwanath was previously CFO of Indian staffing firm TeamLease and Finance Director at Sun Microsystems.

Subramanian Ramakrishnan, the current CFO, is stepping down from the post on 31 March, to pursue an entrepreneurial venture, the company stated.

TeamLease had previously announced that Vishwanath will be stepping down from his role and said it was appointing Ramani Dathi as Deputy Chief Financial Officer to head the finance function of the company effective from 01 April 2021.

"We are grateful to Ramakrishnan for his contributions to Quess over the last two years, including strengthening our balance sheet, improving controls, and driving our investor relations practices. We look forward to supporting his entrepreneurial ambitions, as he continues to be an advisor to Quess over the coming year," Suraj Moraje, group CEO and Executive Director, said.

Quess Corp also announced the separation of roles of its chairman and managing director.

Suraj Moraje, currently group CEO and Executive Director, will be elevated to Group CEO and managing director from 1 April 2020, while Ajit Isaac, currently Executive Chairman and managing director, will continue in the role of Executive Chairman.

On January 2021 Quess Corp reported revenue from operations fell by 5% in its fiscal third quarter ended 31 December 2020.