Capgemini announces the appointment of Nive Bhagat who has been CEO of Capgemini’s Cloud & Infrastructure Services since 2019, as Group Chief Financial Officer (CFO) and member of the Group Executive Board, effective January 1, 2024. Earlier, Bhagat served as head of Cloud Infrastructure Services UK and Europe.

As CFO, Nive succeeds Carole Ferrand who has served in this role 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.

From 2010 to 2015, Nive held various positions at Capgemini, including head of Markets with full P/L responsibility for all sectors and Head of Private sector across the Applications business in the UK. She was also a member of the UK Country Board from 2016.

Before joining Capgemini, Nive worked for several years at Infosys Technologies growing and heading Enterprise Solutions in Europe. She has also worked in Corporate Finance with KPMG.

“Nive whose career, both before 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. 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,” said Aiman Ezzat CEO, Capgemini Group.

The CEO also thanked Carole for her unfailing support. “Carole joined Capgemini when it was a 12billion Euro company and during her tenure, we have not only almost doubled our revenues to 22billion but have also completed one of the Group’s largest acquisitions with Altran and navigated a global pandemic. Carole has overseen all of this while masterminding the successful transformation of Capgemini’s finance function and continuing to lead from the front in terms of diversity and inclusion.”

“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.

“Nive will be able to count on their excellence and professionalism to ensure the Group goes from strength to strength,” said Carole Ferrand.