Mphasis has appointed Mr. Punit Sood as an Independent Director, effective December 11, 2025, for a five-year term, subject to shareholder approval. Meanwhile, Ms. Jan Kathleen Hier will conclude her tenure as Independent Director and Chairperson on December 10, 2025, after completing her second term. These changes reflect Mphasis’s commitment to strategic leadership and governance.
Leadership Transition
Mphasis has announced the appointment of Mr. Punit Sood as an Independent Director to their Board, effective December 11, 2025. This appointment follows recommendations from the Nomination and Remuneration Committee and awaits shareholder approval.
New Director Profile
Mr. Sood currently serves as an Independent Director on the boards of ICICI Bank and NPCI. He brings over 36 years of experience, specializing in the intersection of financial services and technology. His previous roles include leadership positions at Citibank, GE Capital, United Technologies, JPMorgan Chase, and NatWest. He also brings GCC strategic experience with firms like NatWest and JPMorgan Chase.
End of Term for Jan Kathleen Hier
Ms. Jan Kathleen Hier will conclude her tenure as Independent Director and Chairperson, effective December 10, 2025, after the completion of her second and final term.
Strategic Rationale
The addition of Mr. Sood to the Mphasis board will enhance the company’s strategic direction. His experience in technology and global business leadership will contribute to the company’s approach in the evolving business environment. The company aims to leverage his insights as it continues to adapt in the technology sector.
Source: BSE
