Mumbai: Virtusa Corporation has announced a significant leadership transition with the appointment of Nitesh Banga as President and Chief Executive Officer, effective February 3, 2025. Nitesh succeeds Santosh Thomas, who is stepping down to explore new opportunities. To ensure a smooth transition, Mr. Thomas will continue as a strategic advisor for the company.
Reflecting on his time at Virtusa, Santosh Thomas shared, “I am immensely proud of the substantial growth we have accomplished together over the past 4 years at Virtusa. It has been exciting to witness firsthand the positive impact our efforts have had on our people, our clients, and their customers. I firmly believe Virtusa has a bright future ahead, helping our global clients deliver exceptional experiences that will take advantage of the future of technology.”
During his tenure, Santosh transformed Virtusa, establishing its strategic direction, driving operational excellence, and expanding the company’s digital capabilities through key acquisitions. Under his leadership, Virtusa saw record-high client and employee net-promoter scores, reinforcing its reputation as a leading force in Digital Engineering and AI.
Nitesh Banga joins Virtusa from GlobalLogic, a Hitachi Group company, where he served as President & CEO. A seasoned industry leader, Nitesh has extensive expertise in strategy, business development, service delivery, operations, and M&A. At GlobalLogic, he led exponential growth and strategic transformation, including the company’s successful integration with Hitachi. Prior to this, Nitesh spent over two decades at Infosys, holding various leadership roles across the globe.
Expressing his enthusiasm for his new role, Nitesh Banga said, “I am deeply honored to step into this role at such a pivotal moment of change in the industry, and the world. In this new era, the advantage will rest with enterprises who drive with a hyper focus on their customers’ needs through adoption of digital and AI technologies coupled with a robust data strategy. Virtusa occupies a distinctive and advantageous position to assist brands in transforming and differentiating their businesses through technology. I am excited to work with our team to evolve our business and double down on the deep domain depth and engineering DNA that has defined Virtusa, to bring innovative new experiences and solutions to the market alongside our marquee clients.”
Rajeev Mehta, Chair of the Board of Directors, acknowledged Santosh Thomas’s contributions and welcomed Nitesh Banga to the role, stating, “On behalf of the Board, I extend our gratitude to Santosh for his contributions as CEO. Since joining Virtusa in 2021, Santosh has spearheaded the Company’s expansion into new offerings and capabilities, achieved substantial organic and inorganic growth, expanded our global presence, and positioned Virtusa as a leader in Digital Engineering and AI. We appreciate Santosh’s dedication to Virtusa and wish him continued success in his career.”
Rajeev further emphasized Nitesh Banga’s expertise and vision, adding, “Nitesh is a highly accomplished leader in the world of Digital Engineering, but importantly, also someone who shares Virtusa’s passion for clients. I look forward to working together with Nitesh as we continue innovating and optimizing our business to drive transformational results for us and our clients in an AI-everywhere world. With his deep expertise, Nitesh is well suited to guide the company forward during this AI-powered technology revolution.”
