Capgemini welcomes new group CFO, Nive Bhagat

image of Capgemini building | Capgemini | Nive Bhagat

Capgemini has appointed Nive Bhagat as group chief financial officer (CFO) and member of the group executive board, starting from January 1, 2024. Bhagat will succeed Carole Ferrand who has served as CFO since 2018.

The appointment follows Bhagat’s previous role as CEO of Capgemini’s cloud and infrastructure services she served since 2019. Prior to this, from 2016, she was head of Cloud Infrastructure Services UK and Europe.

From 2010-2015, Bhagat 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, as well as a member of the UK Country Board from 2016.

Before her tenure at Capgemini, Bhagat worked for several years at Infosys Technologies, growing and heading enterprise solutions in Europe, as well as at KPMG – in corporate finance.

Speaking of her appointment, 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 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.”

Aiman Ezzat CEO, Capgemini Group, said: “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.”