Xoriant appoints former HCLTech corporate VP Sukamal Banerjee as CEO
Sukamal Banerjee, a former executive of IT services firm HCLTech who led its engineering, and research and development (R&D) Services, has been appointed the chief executive officer (CEO) of Xoriant, a US-based product engineering, software development, and technology services firm.
Xoriant was acquired by private equity firm ChrysCapital in January this year. Girish Gaitonde, who is Xoriant founder and current CEO, will now be a member of the board.
Till February, Banerjee was Corporate Vice President of HCLTech. During his 27-year career with HCLTech, he held several leadership roles. He ran a P&L of over $1.5 billion across digital and engineering services, where he oversaw the global operations, leading a team of over 20,000 engineers across 30 countries.
Banerjee also led the company’s business development teams across digital engineering, semiconductors and telecom, conceptualising and driving several strategic programs including incubating and leading the internet of things (IoT) WoRKS business unit.
"Sukamal comes with a proven experience of driving growth, deep strategic thinking, strong operational expertise, an exceptional leadership track record and will lead Xoriant in its next phase of growth,” said Sanjay Jalona, who is the chairman of Xoriant’s board.
Jalona is the operating partner for investments in the business services sector at the PE firm after he exited as chief executive and managing director of Larsen & Toubro Infotech (LTI) in July 2022.
Banerjee holds a bachelors in mechanical engineering and MBA in finance and strategy.
His appointment as the Xoriant CEO comes amid a number of top-level changes in the tech industry. In January, former Infosys veteran Ravi Kumar S, who was president of Infosys Global Services Organization was appointed as the Global CEO of Cognizant.
In February this year, Wipro executive Rajan Kohli reportedly resigned after a nearly three-decade career with the IT firm. He was president of Wipro's Integrated Digital, Engineering, and Application Services Business Line (iDEAS), and led a team of over 100,000 employees. Last week, Infosys president, Mohit Joshi, was named the CEO designate for Tech Mahindra.