Hexaware reshapes board and expands North America leadership mandate

Hexaware Technologies Limited ( (IN:HEXT) ) just unveiled an update.

Hexaware Technologies has reshaped its boardroom and leadership structure, appointing Alok Chandra Misra as an additional non-executive independent director for a three-year term, subject to shareholder approval. His induction comes with memberships on several key board committees, including audit, nomination and remuneration, risk management, ESG and cybersecurity, signaling a bid to strengthen governance and oversight.

At the same time, independent director Vivek Sharma has resigned due to other professional commitments and will step down from the stakeholders relationship and corporate social responsibility committees, with no additional material reasons cited. The board has also broadened the remit of senior executive Shantanu Baruah, adding the role of North America hunting head to his responsibilities as president and global head of the healthcare and insurance vertical, underscoring Hexaware’s strategic emphasis on expanding its business development in its largest market.

More about Hexaware Technologies Limited

Hexaware Technologies Limited is an India-based information technology services provider headquartered in Navi Mumbai, offering consulting, application, infrastructure and business process services to global clients. The company focuses on verticals such as healthcare and insurance and has a significant presence in key markets including North America, where it is seeking to deepen client acquisition and growth.

Average Trading Volume: 87,166

Technical Sentiment Signal: Strong Sell

Current Market Cap: 349.3B INR

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