Randstad India Elevates CFO Viswanath PS To MD & CEO

Randstad India, one of the country's leading HR service providers today announced the appointment of their current CFO, Viswanath PS as the company’s Chief Executive Officer and Managing Director, effective July 1st, 2021. The finance chief takes over from Paul Dupuis, who served as the MD and CEO of Randstad India for the last four years.

Viswanath PS  (or Vishy, as he is popularly known) is a business and finance leader with an illustrious track record of leading companies across multiple industries to sustainable growth and profitability. Starting his stint at Randstad India in 2014 as the Head of Shared Services Centre (SSC), Vishy took over as the CFO in 2016. Vishy has proven to be a strong leader; both strategic and tactical. He is also a dynamic, people-focused leader with a track record of building high performing teams across a wide span within the organization. Vishy has championed several critical transformational initiatives, not only within finance but also in how Randstad delivered services to their clients and talent. His relentless focus on constant, incremental improvement and kaizen has led to a steady improvement in productivity and overall outcomes of the organization.  

Vishy brings more than three decades of diversified expertise and experience in key leadership roles at leading global and Indian organizations, particularly in the areas of strategic planning and business development. Before joining Randstad India, he has held leadership roles across General Electric, Motorola and the TVS Group.

Commenting on the changes, Chris Heutink, Chairman for Randstad India and EB member, Randstad Global said, “Paul is an exceptional business leader who has transformed Randstad India, making it one of the best-performing companies in its sector, and one of the most admired companies in the country”.

“Paul’s vision, drive and performance focus, combined with his commitment to serve the best long-term interests of the company, have materially strengthened Randstad India. He leaves a more agile and resilient company, well placed to win in this fast-changing, dynamic business landscape. I would like to thank him personally and on behalf of the Executive Board for his contribution to Randstad India and wish him the very best in taking over as the MD of Randstad Japan”.

Commenting on the announcement, Paul Dupuis said, “It has been an honour to lead Randstad over the last 4 years. Throughout this time, I have been humbled by the commitment and hard work of our people, and their passion for creating a truly purpose-driven company. I am very grateful to them, as I am to Randstad’s stakeholders, with whom we have worked to build our long-term, sustainable business. I look forward to taking these learnings into my new role in Randstad Japan".

"I would also like to congratulate Vishy, who is a strong, strategic thinker, and values-driven leader with an impressive track record of delivering consistent and high-quality performance. Having worked closely with him for many years, I am highly confident that under his leadership, Randstad India will prosper long into the future. His appointment demonstrates the strength of Randstad’s succession planning and talent pipeline", Paul added. 

Expressing his excitement for the new challenge, MD & CEO, Viswanath PS said, “It will be a huge privilege to lead Randstad India – a truly global company full of talented people, and a brilliant brand. Over the last 6 years, I have seen the many ways in which our company improves people’s lives, positively impacting clients and candidates. As part of the strategy, Randstad India will accelerate to profitable growth through continuous innovation, while focusing on strong execution.  We will continue to deliver long term growth and value creation to all our stakeholders. As the economy emerges into an era of reimagined opportunities, Randstad India is set to deliver outcomes that enrich the experience for all our stakeholders.”

“I’d also like to extend my gratitude to Paul’s remarkable leadership of Randstad and I look forward to his continued guidance through the transition, Viswanath added.

A Chartered Accountant from the Institute of Chartered Accountants of India, Viswanath is a certified black belt in Six Sigma and a keen fitness enthusiast who enjoys running, yoga and cricket.

About Randstad India:

Randstad India offers the broadest HR services portfolio ranging from Staffing, Search & Selection to Recruitment Process Outsourcing (RPO). The organization has a vast network of offices across the country to be within the reach of clients, candidates and flexi workers. The company, previously called Ma Foi is one of the leading players in the HR services industry in India for more than 25 years and became part of Randstad through its global acquisition of Vedior in 2008.The Randstad Group is the global leader in the HR services industry, active in 38 countries across the globe.

Randstad India continues to focus on developing customized and innovative HR services, leveraging on its unique strengths of geographical presence and end-to-end capability across all HR service functions.