NEW YORK, May 4, 2017 /PRNewswire/ -- Rajesh Makhija, Head of the Product Portfolio Group within Mphasis, a leading IT services and solutions provider, was named the winner of a Gold Stevie® Award in the 'Executive of the Year' - Business & Professional Services category in The 15^th Annual American Business Awards today.

Rajesh was recognized and awarded for his innovative & bold approaches that transformed the Mphasis portfolio groups, Wyde and Eldorado. Known for his energetic & engaging brand of leadership, Rajesh was responsible for transforming them into industry leading organizations in their respective segments of BFSI and healthcare industries.

"I am honored to be the Gold Stevie® Award recipient for 'Executive of the Year'. It is a great privilege to be acknowledged amongst my peers in the industry," said Rajesh Makhija, CEO- Wyde & Eldorado; Chief Marketing and M&A Officer, Mphasis Group. "I would like to express my gratitude towards the entire Mphasis team for their hard work and commitment in delivering world-class services and solutions to our customers, which is what made this possible. I will be accepting this award on behalf of my entire team. Thank you Stevie® Awards for this outstanding recognition."

The American Business Awards are the nation's premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. 

More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Live Event of the Year, and App of the Year, among others.

"Each year the judges find the quality and variety of the nominations to be greater than the year before. The 2017 competition was intense and every organization that has won should be proud," said Michael Gallagher, president and founder of the Stevie Awards.

More than 190 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

Details about The American Business Awards and the list of 2017 Stevie winners are available at www.StevieAwards.com/ABA.   

About Mphasis
Mphasis enables chosen customers to meet the demands of an evolving market place. Recently named by American Banker and Bank Administration Institute (BAI) as one of the top companies in FinTech and as the "Most Distinguished Digital Company in 2015" by The Economic Times, Mphasis fuels this by combining superior human capital with cutting edge solutions in hyper-specialized areas. Contact Mphasis on www.mphasis.com.

About Wyde (An Mphasis Group Company)
Wyde Corporation was founded in 1997 as a niche Insurance Policy Administration Solution provider. It was acquired in 2011 by Mphasis, a leading Information Technology services provider offering Applications, Business Process Outsourcing and Infrastructure Services with a strong focus in Banking, Capital Markets and Insurance. In September 2016, The Blackstone Group, one of the world's leading investment firms acquired majority stake of Mphasis. Wyde is headquartered in Bloomington, Minnesota, USA; with offices in Canada, Paris, and a modern Research & Development (R&D) center in Paris, France and a Centre of Excellence in Bangalore, India. Wyde is the creator of Wynsure servicing insurance policy administration through on-premise or on cloud as a service engagement models globally. More information is available at www.wyde.com.

About Eldorado (An Mphasis Group Company)
Based in Phoenix, Arizona, Eldorado, a division of Mphasis, specializes in health insurance application development, business process outsourcing services, information technology engineering and operational consulting. The company serves the full spectrum of organizations engaged in managing health benefit plans including third party administrators, health plans, employers and self-insured organizations. Together, Eldorado customers manage five million lives and handle 35 million claims annually. For more information, visit www.eldoinc.com.

About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 nominations each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://stevieawards.com/. 

SOURCE Mphasis Wyde