In his new role as CEO, Mr Teje will continue to report to AppLabs Founder and Chairman Sashi Reddi. Mr Reddi will continue to provide strategic business direction to the company. In a statement, Mr Reddi said, ''I am excited to have Makarand take on this new responsibility to lead AppLabs to new heights. His extensive experience in selling to large enterprise accounts will enable AppLabs to succeed in winning and retaining large customers.'' ''AppLabs is well-positioned to further establish its position globally as the leader in the testing industry. With our client focussed engagement model and our fully evolved service portfolio around testing, I am indeed excited with this new responsibility to take AppLabs to the next level,'' Mr Teje said.