TIAA Global Business Services (GBS) India, the global capability center of TIAA, has appointed Oindrila Majumdar as the new chief executive officer, effective October 3. She will report to Sastry Durvasula, chief information and client services officer at TIAA.

“She takes the leadership baton from Jayant Patwardhan, who established and deepened the India presence of the company over the last six years. I am confident in Oindrila’s leadership, experience, clarity of purpose and energy in taking TIAA GBS India into the next phase of strategic growth and elevated global capabilities. Hearty congratulations and best wishes on your new role, Oindrila,” reads a Linkedin post by Durvasula.

Former CEO Jayant Patwardhan will become the executive chairman of TIAA GBS India. 

Majumdar who joined TIAA GBS India in 2018 has been instrumental in leading key client services and technology roles across Retirement Services and Nuveen Asset Management businesses. She has been serving as the campus head in Pune and chairing TIAA GBS India's corporate social responsibility operating committee to deliver impact in the local communities. 

She comes with more than 25 years of experience, working at organisations including Deutsche Bank, Fidelity Investments and Standard Chartered Bank. Majumdar is an Economics graduate from the University of Calcutta.