New Delhi: French IT services firm Capgemini has appointed Srinivas Kandula as the Chief Executive Officer (CEO) of its India operations. Kandula played a key role in the acquisition of Patni by IGATE in 2011, and of IGATE by Capgemini in 2015.
He has also spearheaded both integration processes. Capgemini had bought IGATE in a USD 4 billion cash deal. He replaces Aruna Jayanthi, who has moved to a global role in the Group.
Kandula has also joined the Capgemini Group Executive Committee, the company said in a statement today. "Since the acquisition of IGATE, India has become even more strategic to our global business roadmap. Srini's rich and diverse experience across key business functions, notably at IGATE, will help Capgemini in India to play an enhanced role in the Group?s future growth plans," Capgemini Group Chairman and CEO Paul Hermelin said.
Kandula joined IGATE in 2007 where he was formerly EVP, Member of the Executive Council and Chief People Officer, responsible for driving IGATE's Business Strategy, HR, Quality Management and Marketing portfolios globally.
"Capgemini in India currently has over 87,000 employees, which is nearly 50 percent of the Group, and caters to over 800 customers globally," Kandula said. Moving forward, the agenda is to leverage the strong people capabilities for sustained growth and add to client- centric innovation practices, he added.
Capgemini has 1.8 lakh people in over 40 countries. The Group reported revenues of 10.573 billion euros in 2014 globally.