A French multinational information technology services and consulting company, Capgemini has announced 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.
Aiman Ezzat CEO, Capgemini Group, said, “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 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”, Aiman Ezzat added.
Aiman Ezzat further said, “I thank Carole on behalf of the Group and wish her every success in her next chapter.”
“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.
On the appointment, Nive Bhagat said, “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,” said Nive Bhagat.
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.
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