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Monday, June 21, 2021

Business Transformation

XLRI Jamshedpur alumnus Santosh Thomas appointed as new Chief Executive Officer (CEO) of Virtusa Corporation

Santosh Thomas Chief Executive Officer (CEO) of Virtusa Corporation

Virtusa Corporation, an American IT services firm, has appointed Santosh Thomas as Chief Executive Officer. He takes over from the company’s co-founder and CEO Kris Canekeratne, who announced his transition from the business in May 2021.

As a business leader and technologist, Santosh Thomas has a proven track record for building and managing multi-billion dollar businesses and leading expansion into new markets. Santosh obtained his degree in marketing and finance from XLRI (Xavier School of Management) Jamshedpur, Jharkhand, India.

Commenting on his appointment, Mr. Santosh Thomas said, “I am honored and excited to start my journey as the CEO of Virtusa. Thank you, Baring Private Equity Asia and the Board of Directors for entrusting me with this opportunity. Together with the ethics and values that shape our organization, I am positive we will innovate and inspire team members, clients, and partners. I look forward to working with our team, our clients, and our partners as we continue to build on our strong digital capabilities and create world-class solutions for our customers”.

“When I founded Virtusa 25 years ago I had the vision to build a global powerhouse in digital engineering services. And we did just that,” said Kris Canekeratne. “I leave with the confidence that the company and its leadership team have never been stronger and its opportunities have never been greater. I welcome Santosh Thomas to the CEO role and wish him the best in his efforts to lead Virtusa through its next phase of growth.”

Founded in 1996 in Sri Lanka, Virtusa Corporation is a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering.

Most recently Santosh Thomas served as President of Global Growth Markets at Cognizant (NASDAQ:CTSH) where he managed a business with revenues over $4 billion and built multiple billion-dollar businesses in Europe and Asia Pacific in Banking, CommTech and Products & Resources.

Congratulations!

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