GlobalLogic Inc., a Hitachi Group company and provider in Digital Engineering, said that it has promoted the firm's current Chief Operating Officer (COO) Nitesh Banga as new President and CEO effective October 1, 2022.
The current CEO, Shashank Samant, who was at the helm for more than a decade, will assume a new role as Chairman of the GlobalLogic Board. In addition, Executive Advisor Toshiaki Tokunaga will be the Head of Hitachi Digital Systems and Services (DSS) Sector.
In this capacity, Samant will continue to support the GlobalLogic business as well as advise on Hitachi Group's broader digital business growth strategy.
The company issued a statement on the executive movement stating that Banga is a well-rounded and seasoned executive who has successfully worked across functions from Strategy, Go-To-Market, Engineering, and Operations while also launching similar businesses in the Japan market.
Since his arrival in 2018, Banga has led critical functions of GlobalLogic’s business. He contributed significantly to GlobalLogic’s growth while also navigating the company through monumental challenges including the Covid-19 pandemic and the war in Ukraine.
Banga has diversified expertise ranging across Strategy, Business Development, Service Delivery, Operations, and Mergers and Acquisitions. He has adeptly run large-scale P&L organisations and has a deep understanding of Western and Eastern cultures, including Japan. Prior to joining GlobalLogic, he spent nearly two decades at IT services and consulting firm Infosys, in various senior executive roles.
“The passion, expertise, and deep commitment to our clients’ success demonstrated by our employees created an invigorating, creative institution. 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 Banga.
For more than a decade as CEO, Samant led GlobalLogic through strong growth phases during which he oversaw several strategic acquisitions and digital capability expansion efforts. His leadership and expertise took the company from a group of elite software engineers to a global digital engineering leader, eventually becoming a part of the Hitachi Group," the statement added.
“Since GlobalLogic joined the Hitachi Group, Shashank has made significant contributions to the growth of its entire digital business. I look forward to his continued strength in helping the Hitachi Group grow and transform through digital technology,” said Keiji Kojima, President and CEO of Hitachi, Ltd.
Tokunaga said, under Banga’s leadership, he expects GlobalLogic to “continue creating synergies with Hitachi Digital and other Hitachi Group companies, and to dramatically expand the digital business through DX support for customers”.