GlobalLogic Announces Appointment of New President and CEO

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GlobalLogic Inc., a Hitachi Group company and leader in digital engineering, has announced that its President and Chief Executive Officer, Shashank Samant, will be replaced by the company’s current Chief Operating Officer (COO), Nitesh Banga, who will become the new president and chief executive officer effective October 1. 2022.

Nitesh is a well-rounded and seasoned executive who has successfully worked in functions such as strategy, go-to-market, engineering and operations, while launching similar businesses in the Japanese market. Shashank will assume a new role as Chairman of the Board of GlobalLogic, in addition to serving as Executive Advisor to Mr. Toshiaki Tokunaga, Head of Hitachi Digital Systems and Services (DSS). In this role, Shashank will continue to support the GlobalLogic business and advise on the growth strategy for the Hitachi Group’s broader digital business.

For more than a decade as CEO, Shashank led GlobalLogic through phases of strong growth during which he oversaw several strategic acquisitions and digital capability expansion efforts. His leadership and expertise grew the company from a group of elite software engineers to a global leader in digital engineering, eventually becoming part of the Hitachi Group.

“I am proud of the industry-leading growth we have achieved during my tenure as CEO of GlobalLogic,” commented Shashank. “I believe that for organizations to continue to lead and succeed, their executive leadership must also evolve. Nitesh has proven throughout his career to be a solid leader in both vision and execution. I am confident he will set a successful course that will lead GlobalLogic through its next major growth phases. I am also very pleased to continue supporting GlobalLogic in my new role as Chairman of the Board of Directors as well as helping to expand Hitachi Group’s digital business and accelerate digital transformation.

Since joining in 2018, Nitesh has led critical business functions for GlobalLogic. He has contributed significantly to the remarkable growth of GlobalLogic while deftly navigating the company through monumental challenges including the COVID-19 pandemic and the war in Ukraine.

Nitesh is a services industry veteran with diverse expertise ranging from strategy, business development, service delivery, operations, and mergers and acquisitions. He has skillfully led large-scale P&L organizations and has a deep understanding of Western and Eastern cultures, including Japan. Prior to joining GlobalLogic, he spent more than two decades in the IT services and consulting firm Infosys.

“It is an honor and a great responsibility to lead GlobalLogic,” said Nitesh. “The passion, expertise and deep commitment to our clients’ success demonstrated by our employees has created an invigorating and creative institution. As we enter our third decade, we have a unique opportunity to accelerate the company’s digital transformation by building on Hitachi’s incredible heritage, global reach and trusted brand.

“Since GlobalLogic joined the Hitachi Group, Shashank has made a significant contribution to the growth of its entire digital business. I look forward to his continued strength in helping the Hitachi Group grow and transform through digital technology,” said Keiji Kojima, President and CEO of Hitachi, Ltd. “Nitesh has a proven track record as COO of GlobalLogic and I am confident he will be able to maintain the strong growth momentum going forward. We are excited to work with a leader of his caliber to deliver new value through innovation, green and digital solutions for our customers around the world.

“With the addition of GlobalLogic to the Hitachi family, Hitachi’s digital capability has grown significantly,” said Mr. Tokunaga. “I would like to thank Shashank for his able leadership and look forward to his contributions as Chairman of the Board. Going forward, under Nitesh’s leadership, I expect GlobalLogic to continue to create synergies with Hitachi Digital and other Hitachi Group companies, and to significantly grow the digital business through DX support for clients.

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