High Quality Content by WIKIPEDIA articles! Capita is a British company with its headquarters in London which specialises in business process outsourcing, having clients in central and local government, and in the private sector. It has had a full listing on the London Stock Exchange since 1991 and has been a member of the FTSE 100 since 2004 when it replaced GKN. Capita was formed in 1984 as a division of CIPFA (Chartered Institute of Public Finance and Accountancy). It became an independent company with 33 staff as a result of a management buy-out in 1987, and was first listed on the London Stock Exchange in 1991. In March 2006 Executive Chairman Rod Aldridge OBE resigned in the aftermath of claims that contracts awarded to the Group were influenced by his loan of 1 million to the Labour Party. Aldridge resigned saying that he denied the claims, but to avoid any lingering doubts about it, he was leaving the company. Aldridge is a life-long Labour supporter, and had overseen the company's growth from a small company in 1997 (when Labour came to power) to a FTSE 100 member in 2006.

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