Capgemini announces the appointment of Nive Bhagat as Group Chief Financial Officer (CFO) and member of the Group Executive Board, effective January 1, 2024. She succeeds Carole Ferrand who has served as CFO since 2018 and plans to pursue other career opportunities. Carole will support the transition and a smooth handover with Nive 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. Nive has an exemplary track record in delivering business results, currently as CEO of Capgemini’s Cloud Infrastructure Services. Her proven business acumen, deep knowledge of the Group’s operations and strong grounding in finance mean Nive is well-equipped to take on the role of Group CFO to help drive the next phase of our development,” Aiman Ezzat added.
A Chartered Accountant with a bachelor’s degree in Economics, Nive held various important roles in the company. Since 2019, Nive has been CEO of Capgemini’s Cloud & 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.
“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.
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