New Delhi: Given the upcoming retirements of Group CEO Partha DeSarkar and CFO Srinivas Palakodeti, the board has approved, with immediate effect, the appointment of Venkatesh Korla, President & CEO of HGS Americas, as the new Global CEO of HGS, and Mahesh Kumar Nutalapati, Deputy CFO, as the new Global CFO.
Korla is an accomplished business leader with over 25 years of experience in core digital services and tech-enabled customer experience (CX). He has an impressive track record of growing high-performance teams globally and fostering lasting client relationships.
In his earlier stints, he has been part of organisations providing expert consultation on digital strategies and solutions to Global 1000 companies, healthcare institutions, universities and not-for-profit organisations. He also founded Element Solutions, later acquired by HGS and now forming the foundation of HGS’ tech services business, that delivers strategic consulting, data analytics, marketing technology, intelligent automation and cloud solutions to clients across the private and public sectors.
Nutalapati, who joined HGS earlier in February, is a Chartered Accountant with over 24 years of experience in various aspects of Finance. He brings extensive expertise in Financial Transformations, Risk management, Business enablement, IPOs, M&As – strategic evaluations & funding, Global Audit & Treasury management, establishment and management of Global Capability Centres (GCCs).
He has also spearheaded multiple cost optimisation initiatives and contributed significantly to the formulation of the ESG framework in his career. Nutalapati has an impressive track record of driving financial strategy and advancing operational excellence.
Ashok P Hinduja, Chairman, HGS, said: “The company is currently evolving to align towards an AI-led future in line with the technology changes in the market and evolving client needs. Venkatesh, with his deep expertise and proven track record of leading digital transformation at scale, is the right person to lead HGS’ future growth with a digital approach. On behalf of the Board, I would like to congratulate him and am looking forward to collaborating on the new journey ahead.”
Speaking on his elevation as the new Global CEO, Korla said:
“It is a tremendous honour to take on the role of Global CEO at HGS. I step into this position with deep respect for the legacy we’ve built so far, led by the strong leadership of Partha DeSarkar, and a sense of great excitement for how we can shape the future. Our people are our greatest strength, and by combining their passion with the power of technology, we will create meaningful, human-centred solutions that redefine how we serve our clients and their customers, and accelerate our journey as a digitally-led organisation.”
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