Bengaluru, India — Mphasis, a leading IT solutions provider specializing in cloud and cognitive services, announced the appointment of a highly accomplished industry leader as an Independent Director to its Board.
The newly appointed Board member brings over 36 years of leadership experience at the intersection of financial services and technology, having successfully driven transformation initiatives for several global enterprises.
A Proven Record of Global Leadership
Throughout an extensive career, the new Independent Director has held senior leadership roles at some of the world’s most respected organizations, including Citibank, GE Capital, United Technologies, JPMorgan Chase, and NatWest.
Their journey has spanned multiple continents, where they have progressed into CIO and strategic leadership positions, guiding organizations through digital transformation and operational excellence.
They have also played a pivotal role in shaping Global Capability Centre (GCC) strategies for top financial institutions, driving innovation and efficiency for global operations.
Industry Leadership and Strategic Expertise
Beyond corporate leadership, the appointee has made significant contributions to the GCC ecosystem through active involvement with NASSCOM, having chaired its GCC Council from 2021 to 2023, and continuing as a member for the 2023–2025 term.
In addition, they serve as an External Expert with the Boston Consulting Group (BCG), advising leading global firms on capability centre strategy, technology transformation, and leadership development.
Executive Perspectives
Commenting on the appointment, Nitin Rakesh, CEO and Managing Director of Mphasis, said:
“We are delighted to welcome this accomplished leader to our Board. With a distinguished record of leading global technology businesses and driving transformation across industries, their experience will be a powerful asset to Mphasis. Their insights on leadership and innovation will enrich our strategic direction as we continue to evolve in a rapidly changing business environment.”
Punit added:
“It is a privilege to join such a distinguished Board and collaborate with visionary leaders. I look forward to contributing to the company’s continued growth and transformation journey.”
Educational Excellence
He holds a Master of Business Administration (MBA) from the Indian Institute of Management, Ahmedabad, and is an alumnus of the Indian Institute of Technology, Roorkee — a strong academic foundation that complements their global business and technology experience.
