GlobalLogic Inc., a Hitachi Group Company today announced that its President and CEO Shashank Samant will be succeeded by the firm’s current Chief Operating Officer (COO) Nitesh Banga, who will become the new President and CEO effective October 1, 2022.
Nitesh is a seasoned executive who has worked across functions from strategy, go-to-market, engineering, and operations while also launching similar businesses in the Japan market.
Shashank will assume a new role as Chairman of the GlobalLogic Board, in addition to being the Executive Advisor to Toshiaki Tokunaga, the Head of Hitachi Digital Systems and Services (DSS) Sector.
In this capacity, Shashank will continue to support the GlobalLogic business as well as advise on Hitachi Group's broader digital business growth strategy.
For more than a decade as CEO, Shashank led GlobalLogic during which he oversaw several strategic acquisitions and digital capability expansion efforts.
“I am proud of the industry leading growth we achieved during my time as GlobalLogic’s CEO,” commented Shashank. “I believe that for organisations to continue to lead and succeed, their executive leadership must also evolve. Nitesh has proven throughout his career that he is a strong leader across both vision and execution.”
Since his arrival in 2018, Nitesh has led critical functions of GlobalLogic’s business.
Nitesh is a services industry veteran with diversified expertise ranging across strategy, business development, service delivery, operations, and mergers and acquisitions. Prior to joining GlobalLogic, he spent more than two decades at IT services and consulting firm Infosys.
“As we enter our third decade, we have a unique opportunity to accelerate enterprise digital transformation backed by Hitachi’s incredible heritage, global reach, and trusted brand,” said Nitesh.