Capgemini announces its new Chief Financial Officer
01 Dicembre 2023 - 7:00AM
Capgemini announces its new Chief Financial Officer
Press Relations:Sam ConnattyTel.:
+44 370 904 3601Email: sam.connatty@capgemini.com
Investor Relations:Vincent
BiraudTel.: +33 1 47 54 50 87Email:
vincent.biraud@capgemini.com
Capgemini announces its new Chief
Financial Officer
Paris, December 1, 2023 –
Capgemini announces the appointment of
Nive Bhagat as Group Chief Financial Officer (CFO) and member of
the Group Executive Board, effective January 1, 2024. She succeeds
Carole Ferrand who has served as CFO since 2018 and plans to pursue
other career opportunities. Carole will support the transition and
a smooth handover with Nive until the end of the year.
"Firstly, the Board and I thank Carole for her
unfailing support and I’d like to pay tribute to the valuable
contribution that she has made as CFO over the last six years.
Carole joined Capgemini when it was a 12billion Euro company and
during her tenure we have not only almost doubled our revenues to
22billion but have also completed one of the Group’s largest
acquisitions with Altran and navigated a global pandemic. Carole
has overseen all of this while masterminding the successful
transformation of Capgemini’s finance function and continuing to
lead from the front in terms of diversity and inclusion. I thank
Carole on behalf of the Group and wish her every success in her
next chapter,” said Aiman Ezzat CEO, Capgemini Group.
“I welcome the appointment of Nive whose career,
both prior to joining Capgemini and during the past 13 years within
the Group, has given her a broad and valuable experience of our
industry. She is a trusted and outstanding leader, whose
appointment has the full support of Capgemini’s board of directors.
Nive has an exemplary track record in delivering business results,
currently as CEO of Capgemini’s Cloud Infrastructure Services. Her
proven business acumen, deep knowledge of the Group’s operations
and strong grounding in finance mean Nive is well-equipped to take
on the role of Group CFO to help drive the next phase of our
development,” Aiman Ezzat added.
“It’s a privilege to have been appointed
Capgemini CFO. I am excited to work with the Group’s leadership and
Board to execute on our clear strategy and build on our strong
financial footing. I am looking forward to leading the
award-winning team to further enable the growth, the margin
expansion, and the cash discipline of Capgemini,” said Nive
Bhagat.
“It has been an honor to work with Capgemini
over the last exceptional 6 years. I am proud of what we achieved
with the management team and with my team, and know that Nive will
be able to count on their excellence and professionalism to ensure
the Group goes from strength to strength,” comments Carole
Ferrand.
Capgemini confirms all the financial targets of
its full year outlook, as communicated on November 7, 2023 during
its 2023 Q3 publications.
Nive Bhagat’s biography:
Since 2019, Nive has been CEO of Capgemini’s
Cloud & Infrastructure Services, a global business unit
comprising over 30,000 team members. She was also appointed a
member of the Group Executive Committee.
Prior to this, from 2016, she was Head of Cloud
Infrastructure Services UK and Europe.
From 2010 to 2015, Nive held various positions
at Capgemini, including Head of Markets with full P/L
responsibility for all sectors and Head of Private sector across
the Applications business in the UK. She was also a member of the
UK Country Board from 2016.
Before joining Capgemini, Nive worked for
several years at Infosys Technologies growing and heading
Enterprise Solutions in Europe. She has also worked in Corporate
Finance with KPMG.
Since 2022, Nive has been a Non-Executive
Director of Schneider Plc and sits on both the Digital and the
Human Capital & Remuneration committees. Prior to that, she was
on the Board of MITIE Plc where she also served on the Audit and
Nomination committees.
Nive is a Chartered Accountant with a bachelor’s
degree in Economics.
Note to Editors:A
high-resolution photograph of Nive Bhagat is available on
request.
About CapgeminiCapgemini is a
global leader in partnering with companies to transform and manage
their business by harnessing the power of technology. The Group is
guided everyday by its purpose of unleashing human energy through
technology for an inclusive and sustainable future. It is a
responsible and diverse organization of nearly 350,000 team members
in more than 50 countries. With its strong 55-year heritage and
deep industry expertise, Capgemini is trusted by its clients to
address the entire breadth of their business needs, from strategy
and design to operations, fueled by the fast evolving and
innovative world of cloud, data, AI, connectivity, software,
digital engineering and platforms. The Group reported in 2022
global revenues of €22 billion.
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