Geometric appoints Neeraj Dutt as CFO

MUMBAI, India, May 06, 2014-- Geometric Ltd. (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM), Global Engineering Services, and Offshore Software Product Development (OSPD) solutions and technologies, announced the appointment of Neeraj Dutt as Chief Financial Officer effective today.

Neeraj has over 17 years of experience in financial strategy, planning and accounting, including over 14 years in the IT/ITeS industry. He will be responsible for the company’s global financial accounting, planning, legal and corporate governance. He takes over from Mr. Arvind Kakar, who has decided to pursue other opportunities.

Announcing the appointment, Mr. Manu Parpia, MD & CEO said, “We are pleased to welcome Neeraj to the Geometric management team. Neeraj brings with him a wealth of experience in defining and managing financial strategies, as well as streamlining the finance function. I am sure Geometric will benefit from his expertise as we continue on our transformational journey. I would also like to thank Arvind for his contribution to Geometric and wish him all the best for the future".

Neeraj Dutt added, “Geometric has recently gone through an extensive transformation exercise, and is poised to grow and take advantage of the increasing customer demand in the engineering services space. I am happy to be a part of this dynamic company as it enters into its next chapter of sustainable growth.”

Neeraj has extensive experience in business plan preparation and execution, Controllership, De-merger/Carve out, US GAAP, SOX 404, Business risk assessment, financial system – transactional/ MIS and driving operational efficiencies. Neeraj joins from Virtusa Corp. where, as the Asia CFO, he was responsible for the finance function across multiple countries in Asia. Prior to joining Virtusa, Neeraj was a part of Genpact for over 11 years, wherein he played various roles in across the finance function. He started his career in 1996 with Trident Projects. Neeraj has a Bachelor’s degree in Commerce with honours from Delhi University, and is a Grad CWA. He has also completed the Uniform Certified Public Accountant Examination, USA.

About Geometric
Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of Rupees 10.95 billion (US Dollars 181.39 million) for the year ended March 2014. It employs about 4400 people across 12 global delivery locations in the US, France, Germany, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.

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