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nive bhagat: Capgemini names Nive Bhagat as group CFO


French IT services and consulting major Capgemini named Nivedita (Nive) Bhagat as group chief financial officer (CFO) and member of the group executive board, effective January 1, 2024. Bhagat who is of Indian origin succeeds Carole Ferrand — who was CFO since 2018 and plans to pursue other career opportunities. Ferrand will support the transition to Bhagat until the end of the year.

“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,” Capgemini group CEO Aiman Ezzat said in a statement.

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“It’s a privilege to have been appointed Capgemini CFO. I am excited to work with the Group’s leadership and Board to execute on 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,” said Nive Bhagat.

Since 2019, Nive has been CEO of Capgemini’s Cloud and Infrastructure Services, a global business unit comprising over 30,000 team members. She was also appointed a member of the Group Executive Committee.

Prior to this, from 2016, she was Head of Cloud Infrastructure Services UK and Europe.

From 2010 to 2015, Nive held various positions at Capgemini, including head of markets with full responsibility for all sectors and head of private sector across the Applications business in the UK. She was also a member of the UK Country Board from 2016.

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Before joining Capgemini, Nive worked at Infosys Technologies for almost 12 years heading Enterprise Solutions in Europe. She has also worked in Corporate Finance with KPMG.

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