In February this year, Baring Pei said it had completed the acquisition — in a cash deal worth $2 billion — and the privatization of Virtusa.
Baring Private Equity Asia (BPEA)-backed Virtusa Corporation, a provider of digital strategy, digital engineering and IT services, has announced the appointment of a CEO, a Chief Technology Officer (CTO) and a new Chief Financial Officer for global markets and industries. . (CFO), on Tuesday.
Sameer Dhir, who was heading the US for the company, has now been appointed CEO, Global Markets & Industries in a newly formed role. Virtusa said in a statement that he would be responsible for all industry groups and markets globally.
Amit Bajoria has been appointed as the new CFO of Virtusa. Prior to this, he worked with Wipro for over 20 years in various capacities and most recently as Senior VP Finance and was responsible for deal structuring, financial reporting and M&A activities.
Virtusa has also taken on a new role and has appointed Ram Meenakshisundaram as its CTO, who will be responsible for building digital competencies and capabilities. According to the company, he has 30 years of work experience, including a recent 16-year stint in leadership as Head of Leadership and Growth Markets at Cognizant.
“Today’s announcements are in line with our engineering roots, paving the way for an exciting future for our company, employees, partners and customers,” said Santosh Thomas, CEO of Virtusa.
In February this year, Baring Pei said it had completed the acquisition — in a cash deal worth $2 billion — and the privatization of Virtusa Corporation. Following this development the Nasdaq-listed Virtusa became a privately held company.
Later, in June, Virtusa appointed Santosh Thomas, who had served as president of global growth markets at Cognizant, as its new CEO, following the exit of Virtusa Corporation founder, chairman and CEO Chris Kanekeratne in May this year. included.
Virtusa was founded in 1996 in Colombo and is headquartered in Massachusetts.
.