13 hrs ago
NuSummit Names Kunal Purohit Managing Director and CEO
NuSummit has chosen Kunal Purohit to be its new leader.
He will serve as Managing Director and CEO.
The previous leader, Anantharaman Sreenivasan, will continue helping the company as a board director until March 31, 2027.
Purohit has worked in technology for more than 20 years.
His experience includes artificial intelligence, cybersecurity, cloud services, and data.
NuSummit helps businesses in banking, insurance, and capital markets.
It works with more than 300 clients around the world, including 22 large Fortune 500 companies.
The company says Purohit will help it grow during a time when these technologies are increasingly connected.
NuSummit appointed Kunal Purohit as its Managing Director and CEO on October 1.
Anantharaman Sreenivasan, known as Ganesh, stepped down immediately but will remain an Executive Director until March 31, 2027.
Purohit brings more than two decades of experience in scaling technology businesses involving AI, cybersecurity, cloud, and data.
NuSummit serves more than 300 clients worldwide, including 22 Fortune 500 companies.
The company is backed by Investcorp and focuses on technology services for banking, insurance, and capital markets.
- Who
- NuSummit appointed Kunal Purohit as Managing Director and CEO; Anantharaman Sreenivasan will continue as an Executive Director.
- What
- A leadership transition at NuSummit was announced.
- Where
- The announcement was made in Mumbai, Maharashtra, India.
- When
- The appointment was announced October 1; Sreenivasan will remain on the board until March 31, 2027.
- Why
- NuSummit said Purohit’s experience in scaling technology businesses will support its next phase of growth.
Key facts
- New CEO
- Kunal Purohit
- Outgoing CEO
- Anantharaman Sreenivasan, also known as Ganesh
- Board transition
- Sreenivasan will remain an Executive Director until March 31, 2027
- Company focus
- AI-led cybersecurity, data, digital, and cloud transformation
- Client base
- More than 300 clients worldwide, including 22 Fortune 500 companies
- Key industries
- Capital markets, insurance, banking, and financial services
- Parent backing
- NuSummit is backed by Investcorp
Quotes
Kunal Purohit
Incoming Managing Director and CEO of NuSummit
“We are delighted to welcome Kunal to lead NuSummit into its next phase of growth. Kunal brings deep expertise in next-generation technologies, such as cybersecurity, cloud engineering, and AI, which are core offerings for NuSummit. His deep experience scaling global technology businesses will help the company accelerate and deliver greater value to clients. We also thank Ganesh for his contributions to NuSummit in its early years as an independent company.”
theprint.in
“I am excited to join NuSummit at an important juncture for the company. There is a crucial convergence of AI, cybersecurity, data, and cloud emerging across the enterprise technology landscape, and NuSummit is well positioned to support clients through this transformation journey. We bring deep industry expertise and strong engineering capabilities across these modern technologies and create meaningful business value.”
theprint.in
Sources
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