balkrishan kalra: Genpact names Balkrishan Kalra as next CEO, Tiger Tyagarajan retires in February

Global business process management firm Genpact on Wednesday announced that Balkrishan (BK) Kalra would become the next chief executive officer of the company, effective February 9.

The New York-headquartered company said that the current CEO NV (Tiger) Tyagarajan, who is also the president, would retire after over 12 years at the helm.

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Kalra is currently global business leader for financial services and consumer and healthcare at Genpact. He joined the company in 1999 and has held various roles since then.

“He leads Genpact’s global transformation efforts across the banking, capital markets, consumer goods, retail, life sciences and healthcare industries, helping companies better leverage technology and AI-enabled solutions,” the company further said in the statement.

Tyagarajan has served as CEO since 2011. He will continue to serve as a member on the board of directors of the company after he retires, the company added.

Genpact has reported more than $4.3 billion in annual revenue in 2022.

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“We are delighted to announce BK as Genpact’s next CEO, a leader with a proven track record of delivering business results and fostering deep client relationships… In planning for Tiger’s retirement, the Board undertook a robust process, assessing a number of internal and external candidates. In the end, BK stood out as the natural successor,” said James Madden, chairman of Genpact’s Board of Directors.”He understands the importance of investing in emerging trends and technologies with a particular focus on Genpact’s efforts around advanced analytics and AI-enabled solutions. BK’s strategic vision and deep understanding of our clients and business is exactly what Genpact needs as we enter this new chapter,” Madden added.

“I look forward to working closely with the Board and our leadership team to accelerate a new chapter of growth for Genpact, one with technology at the forefront of everything we do to unlock tremendous potential for our clients, employees, and shareholders alike,” Kalra said.

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Solidad La Madrid

Solidad has been a reporter since 2017. She writes stories about climate change, environment, COVID-19 pandemic and human rights.

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