CIO Moves: New appointments, promotions and exits at India's top enterprise IT organizations

Here is an updated list of all C-Suite movements in India. 

With most companies undertaking the journey of digital transformation, the role of a CIO in an organization has become very critical. This has also significantly increased the demand for CIOs and made the space extremely dynamic. Here is an updated and exhaustive list of all the C-suite movements in India. If we missed a news or if you have a movement news, alert us at 



January 2019



Name: Shiv Kumar Bhasin  

Designation: CTO and COO    shiv Kumar

Company: National Stock Exchange (NSE)




Shiv Kumar Bhasin has been appointed as the chief technology and operations officer at the National Stock Exchange (NSE) on January 2, 2019. Bhasin will be reporting directly to Vikram Limaye, managing director and CEO of NSE. At NSE, Bhasin will be looking at using technology to define and promote a futuristic stock exchange set up. Bhasin was previously the global CTO at State Bank of India. He has over 23 years of experience and specializes in the financial services sector. 


Shiv Kumar Bhasin joins NSE as Chief Technology and Operations Officer


December 2018 



Name: Nilesh Mhatre  

Designation: CIO    

Company: Bank of America





Nilesh Mhatre has joined Bank of America India as its Chief Information Officer (CIO). Mhatre has over 25 years of extensive exposure to diversified technologies
in the banking and financial services domain. Mhatre was previously the CIO at The Hongkong and Shanghai Banking Corporation (HSBC) India.

Nilesh Mhatre joins Bank of America India as CIO





October 2018 



Name: Darshan Appayana  Darshan

Designation: Head - Digital and IT   

Company: Trent Hypermarket  




Darshan Appayanna has joined Trent Hypermarket, a Tata Group and Tesco entity, which operates hypermarket Star Bazaar, as head of digital and IT. Prior to joining Trent Hypermarket, he was the digital transformation, cyber security and technology advisor at Archon Consulting Systems. Appayanna is an IT veteran with over 24 years of global experience in the industry. 

Darshan Appayanna joins Trent Hypermarket as Head-Digital and IT



Name: Ajay Vij  

Designation: CIO   

Company: Fortis Healthcare 




Ajay Vij has been named as the new Chief Information Officer (CIO) at Fortis Healthcare. Earlier, he was the head of supply chain management at Fortis Healthcare for over two years. Vij is an expert in e-commerce, retail, healthcare, consulting, financial services and manufacturing sectors.

Fortis Healthcare appoints Ajay Vij as new CIO


Name: Sankarson Banerjee sankarson  

Designation: CIO   

Company: Ratnakar Bank (RBL) 




Sankarson Banerjee has joined RBL as the CIO. He was previously the CTO-      Projects at National Stock Exchange. He will also be responsible for optimizing    the legacy IT Systems and digital transformation of the bank. Banerjee has more than two decades of experience in the industry. 

Sankarson Banerjee joins RBL bank as CIO 


Name: Ekhlaque Bari  

Designation: Executive VP and CTO bari

Company: Fullerton India Credit Company (Fullerton India) 




Ekhlaque Bari has joined Fullerton India Credit Company Limited (Fullerton India) as the Executive Vice President and Chief Technology Officer. In this new role, Ekhlaque will lead the setup of technology platforms that will drive Fullerton India’s transformation into a digital business and provide enhanced customer experience.

Ekhlaque Bari joins Fullerton India as EVP and CTO



September 2018 



Name: Veneeth Purushotaman Veneeth

Designation: Group CIO

Company: Aster DM Healthcare




Veneeth Purushotaman, former CIO at Fortis Healthcare, joined Aster DM  Healthcare as the Group CIO on September 25.  He has over two decades of  experience in technology enablement in healthcare, pharma, education and retail sectors. Purushotaman will be joining as the Group CIO at Aster DM Healthcare.

Veneeth Purushotaman will join Aster DM Healthcare as Group CIO 


Name:  Ekhlaque Bari bari

Designation: IT Head  

Company: Max Life Insurance   




Ekhlaque Bari has quit Max Life Insurance as its Executive VP after four years in the organization. Bari was instrumental in driving digital transformation at Max Life Insurance. An industry veteran, with close to two decades of experience, Bari has worked at a slew of companies. Former GE employee, Bari has also had a stint at HT Media.

Max Life Insurance’s IT Head Ekhlaque Bari quits


Name:  Jagbir Singh  

Designation: CTO 

Company: Reliance Jio   




Reliance Jio Group Chief Technology Officer Jagbir Singh has quit the company. Singh had joined Reliance Jio Group before the soft launch of 4G services. He has over a decade of experience in the industry. Prior to this assignment, he worked with Samsung, and had previously worked with Airtel, where he played a crucial role for over a decade. 

Airtel, Jio hire new CTOs; Jagbir Singh exits Jio


Name:  Shyam Prabhakar   

Designation: CTO for mobile networks

Company: Bharati Airtel   





Shyam Prabhakar Mardikar has decided to step down from Bharati Airtel. Mardikar was serving as the CTO of Airtel’s mobile network since January 2017. This was his second stint at the company; Mardikar has been with the company since August 2012.

Airtel, Jio hire new CTOs; Jagbir Singh exits Jio