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Press Release

Mr. Pramod Khera relinquishes charge as Managing Director of Aptech Ltd. Mr. Ninad Karpe takes over. Mr. Ninad Karpe takes over as MD & CEO. Mr. Khera to continue as Non Executive Director.

16th March, 2009

Mumbai: Aptech Limited, today announced that its Managing Director, Mr. Pramod Khera has stepped down at the company's Board meeting held on 14 March 2009.

Mr. Khera steered Aptech as its CEO & Managing Director from the year 2001, with a vision to develop Aptech Ltd. into a recognized global leader across a spectrum of Learning Services. Mr. Khera successfully built a formidable position for Aptech’s Retail & Institutional businesses, enabling the company to grow from strength to strength.

Mr. Khera would continue to be associated with the company as its Non Executive Director and contribute for the further growth of the company.

Mr. Ninad Karpe, who was earlier inducted in Aptech as its CEO would now take over from Mr. Khera and lead the company as its CEO & Managing Director to reach greater heights. He has been associated with Aptech as a non-executive director on the company’s board for over two years. Prior to working with Aptech, Mr. Karpe was Managing Director of CA (India and SAARC).

Mr. Pramod Khera, Managing Director of Aptech Limited, said: "Aptech today is fundamentally sound and is well-poised to accelerate its journey for achieving its vision of becoming a Global Learning Organisation. The values and beliefs that Aptech has cherished all these years have laid the foundation for the organisation which should continue to guide it in this journey. I'm proud of what we've achieved, and privileged to have led such a winning team. I would like to take this opportunity to thank all my colleagues who have worked to deliver our success, and have made my time with the company so fruitful."

About Aptech:

Aptech Limited is a global retail & corporate training solutions provider headquartered in Mumbai, India, with a presence across 5 continents. The company commenced its IT training business in 1986. Over the years, Aptech Limited has trained over 5 million students.

In 1993, Aptech became the first IT training organization in Asia to receive the ISO 9001 quality certification for ‘Education Support Services’.

The company has grown & diversified into various education-related businesses & its stock is listed on the BSE & the NSE.

About Mr. Pramod Khera:

Pramod Khera, CEO and Managing Director of Aptech Ltd., is well known in India as an IT industry and education expert, entrepreneur and author. His areas of expertise include franchising, education, marketing, and software development. Mr. Khera is the author of the business book “Franchising – The Route Map to Business Excellence,” published in India by Tata McGraw Hill. Prior to leading Aptech to rapid worldwide growth, Mr. Khera pioneered tele-shopping in India in the mid 1990s as founder and CEO of Tele-Shopping Network.

He received his bachelor’s degree in technology from the Indian Institute of Technology in Delhi and his post-graduation from the Indian Institute of Management in Bangalore. He has also acquired a Ph.D. in Knowledge Management from University of Pune, India.

About Mr. Ninad Karpe:

Ninad Karpe is the CEO of Aptech Ltd. He was earlier Managing Director, CA (formerly known as Computer Associates) for India & SAARC. He had been associated with CA India since the company’s inception in the country.

He held numerous management responsibilities in CA India that include setting up offices in India, managing marketing, PR, technical services, HR, operations and finance.

In his capacity as Managing Director of the Indian operations of the world’s fourth largest software company, Ninad’s responsibilities included driving the adoption of CA’s technology and broadening and strengthening strategic partnerships in India.

Earlier, Mr. Karpe was Executive Director of CA India. He has been a consulting specialist for companies seeking to invest in India. He has also authored several books on strategy, taxation and foreign investment in India and contributes regularly to newspapers, magazines and journals.


For further details, contact:

Aptech Limited
Sonia Narula
Vice President
Corporate Communications
E-mail: sonian@aptech.ac.in
Telefax : 011 416 466 46(D)

 

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