Fresh Blood

Sept 12, 2011 (LBO) - Sri Lanka's Millennium Information Technologies (MillenniumIT), a securities trading software specialist that is part of the London Stock Exchange group said it had appointed a new president and general manager. Amit Alok, takes over as president and general manager but will report to MilleniumIT founder Tony Weerasinghe who is now focussing more on driving LSE's international business, the firm said.

Alok has earelier been at Microsoft and Symantec, had early experience at Reuters in Europe and Asia and was head of the Economist Corporate Network in Asia.

"In the two years since the LSE acquired us, we’ve seen our business grow, several fold," Weerasinge said in a statement.

"That’s not just a difference of degree, that’s a whole new kind of company.

"I've been running things with my senior team the same familiar faces ever since our foundation in 1996 and it’s now time to bring in some new fresh skills, to fortify ourselves.

"Having Amit take on the role of President & General Manager will allow me more time to promote MillenniumIT internationally, more time to drive the Group’s international development business and more time to focus on the delivery of our grow