Dipak Rastogi joins Progeon board as Citibank nominee

Bangalore: Progeon Limited, the Business Process Management subsidiary of Infosys Technologies Limited, announced today that its board of directors appointed Dipak K Rastogi, vice chairman, Citigroup Investments - emerging markets, as an additional director of the board of directors of the company with effect from Monday, December 2, 2002.

Mr Rastogi will serve as the nominee of Citigroup on the board until the next annual general meeting (AGM) of the company, when his appointment as a non-executive director will be placed for the approval of the members.

Progeon now has five members on the board.

Mr Rastogi joined Citibank in 1982. In February 2001, he was named head of emerging markets investments. From 1998 to January 2001, he was group executive head of Central & Eastern Europe, Middle East, South Asia and Africa (CEEMEA), comprising 38 countries.