First five of 100 apprentices start 18 month on the job training scheme
London, September 17, 2012
The Duke of York, KG today visited Infosys and met five newly appointed apprentices at the company’s European headquarters in Canary Wharf, London.
His Royal Highness is visiting Infosys’s London office after meeting CEO and Managing Director of Infosys S. D. Shibulal in February at the World Economic Conference in Davos, and in May during The Duke of York’s visit to Bangalore as part of the Diamond Jubilee visit.
In Bangalore, His Royal Highness congratulated Infosys on its “Deed of Commitment” to support apprenticeships in the UK. This commitment has led Infosys to offer apprenticeships placements to 100 young people in the next five years. The first group has started workplace based Level 3 Business and Administration and Level 3 Systems and Networking qualifications within the National Apprenticeship Scheme (NAS). They will spend 12 to 18 months training within the Finance, Marketing, IT, HR and Sales departments of the global leader in consulting and technology.
BG Srinivas, Head of Europe at Infosys, said: “We are privileged that The Duke of York took the time to hear first-hand how important an apprenticeship will be in helping these young people kick-start their career in business. Each apprentice has a specific development plan and will work alongside experienced staff to get job-specific skills.”
His Royal Highness met apprentices and business leaders from Infosys as part of his ongoing commitment to promote initiatives from forward-thinking businesses that give young people the opportunity to develop their skills through apprenticeships and on-the-job training.
The NAS in UK supports, funds and co-ordinates the delivery of apprenticeships throughout England. They are responsible for increasing the number of apprenticeship opportunities and providing a dedicated, responsive service for both employers and learners.
Elsewhere in the UK, Infosys is part of the national, cross-employer group Computer Club for Girls , led by e-skills UK. This group focuses on attracting more girls into careers in IT through school visits, talks and other initiatives. Infosys also works with East London Business Alliance , an organization that helps companies connect with local schools to provide support and develop various programs.
As a part of InStep , the company’s Global Internship Program, Infosys has hosted 88 interns from UK since 2004, of which 18 students have interned with Infosys in the last year. InStep was recently recognized with the National Council for Work Experience Award 2012 for short term work placements in
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The Duke of York believes that apprentices and skills training are very important to helping young people become economically productive in today’s workplace.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarters ended June 30, 2011 September 30, 2011 and December 31, 2011.These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
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