French information technology services company CapGemini SA on Wednesday said it has appointed Srinivas Kandula as chief executive officer for India effective 1 January, replacing Aruna Jayanthi, who has moved to a global role within the group.
Kandula, who joined iGate Corp. in 2007 and worked as executive vice-president, member of the executive council and chief people officer, has also been inducted into Capgemini Group Executive Committee.
Kandula is credited with driving iGate’s business strategy, human resources, quality management and marketing portfolios globally.
India has assumed greater strategic importance for Capgemini with its 2015 acquisition of iGate. In the 10th biggest acquisition of a US-based technology firm by a European company (according to financial data tracker Dealogic), the company acquired iGate in April for $4.04 billion in an attempt to strengthen its presence in the Indian and North American market and across client sectors such as retail, healthcare and engineering.
At present, Capgemini has over 87,000 employees in India, which is nearly 50% of the total, and caters to over 800 customers globally.
Kandula played a key role in the acquisition of Mumbai-based Patni Computer Systems Ltd by iGate for $1.22 billion and of iGate by Capgemini in 2015, in addition to spearheading integration processes in both the acquisitions.
“As we move forward, our agenda is to leverage our strong people capabilities for sustained growth and add to our client-centric innovation practices,” Kandula said.