Ashish Devalekar Joins Virtusa as Managing Director for Europe and the Middle East

Rhea-AI Summary

Virtusa Corporation (NASDAQ GS: VRTU) has appointed Ashish Devalekar as the Managing Director for Europe and the Middle East. Devalekar, who previously held senior roles at Capgemini, Polaris, HCL, and IBM, brings over 20 years of experience in financial services. He will lead a team delivering digital innovation, consulting, and IT services to sectors including banking and healthcare. Virtusa aims to leverage his expertise to enhance enterprise digital transformation amid the 4th Industrial Revolution, creating value for clients and stakeholders.

Positive

• Appointment of Ashish Devalekar as Managing Director positions Virtusa to strengthen its operations in Europe and the Middle East.
• Devalekar's extensive experience in financial services is likely to enhance Virtusa's service delivery in this sector.

Negative

• None.

SOUTHBOROUGH, Mass., May 08, 2020 (GLOBE NEWSWIRE) -- Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced Ashish Devalekar has joined Virtusa as the Managing Director for Europe and the Middle East.

Ashish recently served as Head of Financial Services at Capgemini, UK and Member of UK Country Board. Prior to that, he held leadership positions at Polaris, HCL, and IBM Global Services. Over the past 20 years, Ashish has helped organizations grow, innovate, and transform by building diverse business and digital technology teams paired with his deep knowledge in the financial services and European marketplace, including managing Capgemini’s largest financial services client.

In his role at Virtusa, Ashish will oversee a high-performing team across Europe and the Middle East that delivers business transformation, digital innovation, consulting, and IT services to strategic clients across banking, insurance, telecommunications, healthcare, and life sciences. 

“Enterprises are now being pushed to digitally transform themselves faster into the next phase of innovation and growth,” said Ashish Devalekar, managing director for Europe and Middle East, Virtusa. “Today, there is an incredible opportunity to create greater and meaningful impact. I look forward to working with a great team to deliver value for our customers, partners, and stakeholders.”

“As our global footprint and cross-market presence has grown, so too has our need for leaders with deep digital experience and an intimate understanding of what it takes to realize the full benefits of the 4th Industrial Revolution,” said Kris Canekeratne, chairman and CEO, Virtusa. “Ashish represents that and more. He brings with him a unique perspective on how to help our clients translate challenge into opportunity and disruption into competitive advantage. We are thrilled to have him on the team.”

To learn more about Virtusa, please visit: virtusa.com

About Virtusa Corporation
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovation engineering. Virtusa serves Global 2000 companies in the Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive business forward at unparalleled velocity enabled by a culture of cooperative disruption.

© 2020 Virtusa Corporation.  All rights reserved.
Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

Ron Favali
Conversion Marketing
727-512-4490
ron@conversionam.com

FAQ

Who is Ashish Devalekar and what is his role at Virtusa?

Ashish Devalekar is the newly appointed Managing Director for Europe and the Middle East at Virtusa, overseeing digital innovation and IT services.

What experience does Ashish Devalekar bring to Virtusa?

Devalekar has over 20 years of experience in financial services, previously leading at Capgemini and other notable companies.

How will Ashish Devalekar's appointment impact Virtusa's business?

His leadership is expected to enhance Virtusa's capacity to deliver services in banking, healthcare, and other sectors.

What is Virtusa's focus as a company?

Virtusa focuses on digital business strategy, engineering, and IT services, helping clients innovate and grow across various industries.