Hexaware Announces CEO Transition

• Srikrishna Ramakarthikeyan steps down as CEO and Whole-time Director, effective October 28, 2026.
• Vivek Jetley appointed as new CEO for a four-year term beginning October 28, 2026.

Reader Takeaway: Structured leadership transition ensures operational continuity, while the new CEO's AI expertise signals a strategic focus shift.

What just happened

Hexaware Technologies has initiated a major leadership transition. Current CEO Srikrishna Ramakarthikeyan has officially resigned from his executive and board positions. To maintain stability, the company has appointed him as a Senior Advisor effective immediately. Simultaneously, Vivek Jetley has been named the incoming CEO, bringing over 25 years of industry experience to the leadership team.

Why this matters

Leadership changes at major technology services firms often signal a strategic pivot. Mr. Jetley’s extensive background in AI, data, and enterprise transformation—honed during his time as President at EXL—suggests that Hexaware may be positioning itself to aggressively capture market share in AI-driven service delivery.

The backstory

Mr. Ramakarthikeyan led the company through a period of significant growth. The decision to retain him as a Senior Advisor is a deliberate move to ensure a smooth handover and retain institutional knowledge during the integration of the new leadership team.

What changes now

Vivek Jetley will be responsible for defining the company’s strategic priorities over the next four years. His mandate includes scaling global operations and leveraging his specific experience in the insurance, healthcare, and life sciences verticals to drive growth.

What to track next

Investors should look for the company's first official briefing from Mr. Jetley, where he is expected to outline his specific growth roadmap and operational vision for the coming fiscal years.