News: Clover Infotech to kickstart next fiscal with new CEO and COO

C-Suite

Clover Infotech to kickstart next fiscal with new CEO and COO

Gearing up for its next phase of growth, Clover Infotech has elevated Kunal Nagarkatti as its new CEO, and Siddharth Deshmukh as COO, effective April 1, 2021.
Clover Infotech to kickstart next fiscal with new CEO and COO

Leading digital transformation partner to global conglomerates and leading Indian BFSI customers, Clover Infotech is kickstarting the next fiscal year with a new CEO and COO. The firm has appointed Kunal Nagarkatti as its new Chief Executive Officer and Siddharth Deshmukh as the Chief Operating Officer, effective April 1, 2021. In addition to the two internal movements, Clover Infotech’s Founder & MD, Javed Tapia, will take on the role of Chairman and Chief Mentor, guiding the leadership team on strategic decisions including growth charter, merger and acquisition opportunities, capital raising and global expansion. 

Founded in 1994, Clover Infotech has been empowering companies across the globe as a technology partner for their digital transformation, legacy modernization, and business acceleration charter.

Commenting on the new appointments, Javed Tapia, said, “Clover Infotech has been on a consistent growth path over the last few years under Kunal’s operational leadership. It is an opportune time for us to separate the roles of Chairman and the CEO so that we can focus better on long-term strategic deals as well as organic and inorganic growth opportunities. I am delighted that the board has chosen Kunal and Siddharth to charter the next phase of our growth. I wish them the very best”.

Kunal joined Clover Infotech back in 2011 as SVP - Sales, and led sales for the next couple of years before being appointed as COO in 2016. 

Kunal played a key role in enabling Clover Infotech to grow at nearly 25% CAGR in his tenure as COO over the last five years.

He helped the company to make inroads into high-growth accounts and successfully built and grew a team of over 3000 highly skilled technology professionals. 

Commenting on the company’s growth and his new role as CEO, Kunal said, “We have formed a strong core unit at both senior and mid-management level. We are well-poised to take on new challenges and rise as an organization. I thank Javed, the board and all Cloverites for entrusting me with this responsibility. I am delighted to be leading a great team that will leverage new-age digital and enterprise technology opportunities and enhance our revenue growth and brand recall”.

Prior to joining Clover Infotech, Kunal served as the Chief Technology Officer at Tech Process, a part of Ingenico Worldline - a global leader in payments.

Siddharth Deshmukh, the newly appointed COO, is currently Clover Infotech’s Head of Global Delivery. In addition to his existing delivery responsibilities, Siddharth will also manage customer engagement and delight, talent acquisition, engagement, retention, and up-skilling. He comes with an illustrious career in providing application services to global banks such as JP Morgan and Morgan Stanley, and has been a strategic leader in companies such as Polaris and TechProcess.

“I am delighted that I have been chosen for this important role by Javed and the board. I look forward to working with Kunal and my colleagues at Clover Infotech to drive our next phase of growth,” said Siddharth of the new appointment.

With the next fiscal around the corner, how the two leaders combine their knowledge, expertise and ideas to accelerate the company's vision for growth will unfold in due time.

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Topics: C-Suite, #Movements

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