accenture binny mathews infosys: Infosys loses senior executive Binny Mathews to Accenture

Global IT consulting major Accenture has appointed former Infosys executive Binny Mathews as its chief procurement officer and head of the company’s Procurement Plus (P+) capability, the company said.

Mathews, who was with Infosys for over 15 years and was a senior vice president and group head of procurement before joining Accenture on January 3, 2024, joins the list of senior executives leaving Infosys since last year.

“Mathews will be responsible for leading the strategic direction for Accenture’s global procurement spend. This includes continuing the transformation of the company’s supply chain into a sustainable, diverse value chain, committed to responsible and profitable buying and 360° supplier partnerships,” Nasdaq-listed Accenture said in a statement.

Previously, Mathews worked at the Tata Group, FreeMarkets (now SAP Ariba) and Marico in the procurement divisions.

Recently, there have been a slew of movements within firms in the IT sector with Infosys and Wipro losing a large number of employees to rival companies. In 2023 alone, Infosys has lost around ten senior executives to its peer firms.

This has also resulted in at least two lawsuits by Wipro against its former employees who joined competitor Cognizant. Infosys has written a strong communication to Cognizant alleging the global firm of “unethical poaching tactics”.

Effective September 2023, Accenture also announced at least five senior-level appointments including Manish Sharma as its North America CEO, John Walsh as its chief operating officer, Steve Ferneyhough as chief strategic accounts & global sales officer, Paul Daugherty as chief technology & innovation officer and Karthik Narain to be the group chief executive for technology.Matthews said, “I’m excited to lead Procurement Plus and continue advancing Accenture’s global leadership in responsible buying, with sustainability, transparency, agility and inclusivity underscoring how we work with our suppliers around the world and across the marketplace.”

“Binny will play a critical role in how we power innovation, growth and business continuity for the organization, ensuring that our global strategy is executed based on local demand, and that we lead with data-driven ways to deliver value,” said Margaret Smith, senior managing director and executive director of corporate services and sustainability at Accenture.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.