Hyderabad, Oct 14: On Tuesday, Oct 14 Four Soft (4S), a global leader in software solutions for transportation and logistics industry announced the appointment of Rajshekhar Roy as the new CEO. Mr Roy will take over from company Chairman and Founder Palem Srikanth Reddy, who was also playing the role of CEO. Biju Nair, the current Senior Vice-President (Finance), would be the new CFO. Mr Roy had joined Four Soft in Oct 2007 as the Head of Global Delivery and was promoted as the Chief Operating Officer in April this year.
''I look forward to further help the company to explore new opportunities in expanding the product portfolio, opening up new regions as markets and capture additional market share in transportation and logistics segment... It is also encouraging to observe that in spite of the recent economic turmoil our target market segments that we serve are continuing to offer good scope for increased business,'' Mr Roy said.