Infosys' Nitesh Banga Joins GlobalLogic As COO
Infosys’ head of manufacturing Nitesh Banga has quit the IT major to join product engineering services company GlobalLogic. In his new role at GlobalLogic as COO, Banga will look after delivery, operations, talent recruitment and management, information technology and investment strategy. Banga will directly report to GlobalLogic CEO Shashank Samant.
Banga has been at Infosys at least since 2007, and served in various capacities since then. This is the first senior level exit since Infosys’ new CEO Salil Parekh took charge in January this year. Prior to this appointment, Banga was Senior Vice President & Global Head of the Manufacturing business at Infosys, as well as member of the board of their EdgeVerve software subsidiary, according to his LinkedIn profile.
“Nitesh is a well-respected and exceptionally qualified executive who will drive strategic prioritization and profitable growth initiatives within GlobalLogic,” said Shashank Samant, CEO, GlobalLogic. “I have tremendous confidence in his ability to align our world-class engineering delivery capabilities with best-in-class operational practices, in order to better serve our customers and drive and extend the next phase of GlobalLogic’s market growth.”
Effective immediately, Banga will assume responsibility for all delivery, operations, talent recruitment and management, and information technology. He will be responsible for the alignment and prioritization of GlobalLogic’s investments– enabling growth, consistency, efficiency, and ensuring worldwide operational excellence across the company.
“In a world where enterprise survival and competitiveness are going to be shaped by the extent of their consumer centricity and digital embrace, GlobalLogic is in a unique and exciting position to help brands transform themselves with technology” said Nitesh Banga. “I am excited to be a part of GlobalLogic’s amazing growth journey and looking forward to helping our clients take their next step in digital innovation”
Global brands in every industry are transforming their businesses and products, using digital technology to better engage their customers, and create new revenue streams. With a unique combination of strategic design, complex engineering, and an agile delivery model – GlobalLogic is helping many of these brands accelerate their journey to achieve their digital ambitions.
This broad market transition, combined with GlobalLogic’s unique value proposition, and strong execution has placed the company in an enviable position in the market. At 20%+ organic growth, 20% EBITDA, and facing robust demand — the company is poised to continue its industry-leading growth trajectory. Aiming for acceleration and efficiency, the COO organization will expand the services portfolio, while perfecting operational excellence to fulfil growing demand.
The company recently announced that Partners Group (acting on behalf of its clients) bought a stake inGlobalLogic Inc. from funds advised by private equity firm Apax Partners LLP, in a deal that values the software development company at more than $2 billion.
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