GlobalLogic Expands Executive Team, Appoints Nitesh Banga as Chief Operating Officer
SAN JOSE, Calif.--(BUSINESS WIRE)--Jun 12, 2018--GlobalLogic Inc., a leader in digital product engineering services, today announced that it has appointed services industry veteran, Nitesh Banga, as its chief operating officer. This is a newly created position, intended to provide greater depth and breadth within the leadership management to support the company’s long-term growth and operational excellence objectives. Mr. Banga will report directly to CEO Shashank Samant, while working closely with the company’s other senior leaders.
“Nitesh is a well-respected and exceptionally qualified executive who will drive strategic prioritization and profitable growth initiatives within GlobalLogic,” said Shashank Samant, CEO, GlobalLogic. “I have tremendous confidence in his ability to align our world-class engineering delivery capabilities with best-in-class operational practices, in order to better serve our customers and drive and extend the next phase of GlobalLogic’s market growth.”
Effective immediately, Mr. Banga will assume responsibility for all delivery, operations, talent recruitment and management, and information technology. He will be responsible for the alignment and prioritization of GlobalLogic’s investments– enabling growth, consistency, efficiency, and ensuring worldwide operational excellence across the company.
Mr. Banga brings to GlobalLogic a diversified wealth of expertise that includes worldwide operations, delivery, process improvements, mergers and acquisitions and integration, as well as sales and business development. He joins the company from Infosys, where he has spent the bulk of his career in various positions around the globe. Prior to this appointment, he was Senior Vice President & Global Head of the Manufacturing business at Infosys, as well as member of the board of their EdgeVerve software subsidiary.
“In a world where enterprise survival and competitiveness are going to be shaped by the extent of their consumer centricity and digital embrace, GlobalLogic is in a unique and exciting position to help brands transform themselves with technology,” said Nitesh Banga. “I am excited to be a part of GlobalLogic’s amazing growth journey and looking forward to helping our clients take their next step in digital innovation.”
Global brands in every industry are transforming their businesses and products, using digital technology to better engage their customers, and create new revenue streams. With a unique combination of strategic design, complex engineering, and an agile delivery model – GlobalLogic is helping many of these brands accelerate their journey to achieve their digital ambitions.
This broad market transition, combined with GlobalLogic’s unique value proposition, and strong execution has placed the company in an enviable position in the market. At 20%+ organic growth, 20% EBITDA, and facing robust demand -- the company is poised to continue its industry-leading growth trajectory. Aiming for acceleration and efficiency, the COO organization will expand the services portfolio, while perfecting operational excellence to fulfil growing demand.
The company recently announced that Partners Group (acting on behalf of its clients) bought a stake in GlobalLogic Inc. from funds advised by private equity firm Apax Partners LLP, in a deal that values the software development company at more than $2 billion.
GlobalLogic is a leader in digital product engineering services. We help our clients design and build innovative products, platforms, and digital experiences for the modern world. By integrating strategic design, complex engineering, and vertical industry expertise -- we help our clients imagine what’s possible, and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the communications, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries.
GlobalLogic is a trademark of GlobalLogic. All other brands, products or service names are or may be trademarks or service marks of their respective owners.
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