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ExlService Holdings names interim CFO

ExlService Holdings Inc. appointed Pavan Bagai interim CFO, effective Dec. 13.

Bagai will continue as president and COO. The company expects him to be interim CFO until a permanent replacement has been named.

Vishal Chhibbar, the previous CFO, resigned Dec. 13 to pursue other interests.

The board also authorized ExlService to repurchase up to $200 million of its common stock. The program will begin Jan. 1, 2020, and will end Dec. 31, 2022. The company expects to complete its previous authorization to repurchase up to $100 million of its common stock by Dec. 31.