Hexaware Appoints Rajeev Mehta Non-Exec Chairman; Atul Nishar Chairman Emeritus

January 4, 2021


Hexaware Technologies Limited has elevated current board member Rajeev Kumar Mehta as its Non-Executive Chairman.

Rajeev is a pioneer and innovator in global IT solutions and consulting. He served as the President of Cognizant where he took Cognizant from being a small regional IT firm to more than US$ 16 Bn in revenue. During his tenure at Cognizant, he held a variety of roles including Group CEO – IT Services and Group CEO – Industries and Markets, amongst others.

Atul Nishar, founder of Hexaware, will step down from his current role as Chairman and will continue with Hexaware as Chairman Emeritus.

“Having had the privilege of founding Hexaware close to three decades ago and continuing as Chairman under the ownership of Baring Private Equity Asia, I welcome Rajeev as Chairman and wish him the best of luck in leading the Board to continue to grow Hexaware and its capabilities”, said Atul Nishar.

“Atul is inseparable from Hexaware and will always be a part of our folklore and hearts. Thank you Atul for creating Hexaware and continuing to be a guiding force. We all look forward to benefitting from Rajeev’s vast experience and strategic leadership to guide Hexaware’s continued growth.”, said R. Srikrishna, CEO of Hexaware Technologies.

“As Chairman of Hexaware, I await the opportunity of working with Baring Private Equity Asia, the board and management team to continue to transform Hexaware, with its investments behind high quality technical talent and digital technologies focused on its strategy of ‘Automate Everything, Cloudify Everything and Transform Customer Experience’.”, said Rajeev Mehta.

About Hexaware:

Hexaware is the fastest growing next-generation provider of IT, BPO and consulting services. Our focus lies on taking a leadership position in helping our clients attain customer intimacy as their competitive advantage. Our digital offerings have helped our clients achieve operational excellence and customer delight by ‘Powering Man Machine Collaboration.’ We are now on a journey of metamorphosing the experiences of our customer’s customers by leveraging our industry-leading delivery and execution model, built around the strategy— ‘Automate Everything, Cloudify Everything, Transform Customer Experiences.’

We serve customers in Banking, Financial Services, Capital Markets, Healthcare, Insurance, Manufacturing, Retail, Education, Telecom, Professional Services (Tax, Audit, Accounting and Legal), Travel, Transportation and Logistics. We deliver highly evolved services in Rapid Application prototyping, development and deployment; Build, Migrate and Run Cloud solutions; Automation-based Application support; Enterprise Solutions for digitizing the back-office; Customer Experience Transformation; Business Intelligence & Analytics; Digital Assurance (Testing); Infrastructure Management Services; and Business Process Services.

Hexaware services customers in over two dozen languages, from every major time zone and every major regulatory zone. Our goal is to be the first IT services company in the world to have a 50% digital workforce.

Learn more about Hexaware at https://www.hexaware.com.

Safe Harbor Statement:

Certain statements in this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.

For more information contact:

Sreedatri Chatterjee
Hexaware Technologies Limited
Tel: +91 900 426 3405
E-mail: sreedatric@hexaware.com