Mastek Appoints Deepak Kedia as Chief Financial Officer

Mastek (NSE: MASTEK; BSE: 523704), a trusted AI-first, digital engineering and cloud transformation partner, announced the appointment of Mr. Deepak Kedia as Chief Financial Officer (CFO), effective immediately. Deepak will be responsible for leading Mastek's global finance organization and will report directly to Mr. Umang Nahata, Chief Executive Officer.

With over two decades of international finance leadership across global enterprises including Motorola Solutions, Hewlett-Packard, NTT Ltd., Wipro, and private equity-backed technology companies, Mr. Kedia brings exceptional experience in strategic value creation, investor relations, capital allocation, P&L management, and digital finance transformation. His track record includes scaling businesses and orchestrating successful turnarounds across APAC, EMEA, LATAM, and North America.

A Chartered Accountant, CPA (Australia), and an alumnus of the University of Cambridge's Sustainable Finance program, Mr. Kedia has built high-performing global finance teams and deployed advanced analytics and AI-centric decision frameworks. His entrepreneurial, data-driven approach will further accelerate Mastek's strategy to "Lead with AI" and unlock enduring stakeholder value.

Mr. Umang Nahata, CEO, Mastek, said, "We are delighted to welcome Deepak to Mastek's leadership team. He brings a wealth of knowledge, and the financial acumen and rigor needed to Lead with AI. Deepak's strong global experience and strategic mindset will play a vital role as we continue to enhance our operational excellence, drive disciplined growth, and strengthen Mastek's position as a trusted partner in AI-led digital transformation."

Mr. Deepak Kedia, CFO, said, "I am excited to join Mastek at this transformative phase of its journey. With its strong purpose-driven culture and clear commitment to Lead with AI and digital innovation, Mastek is well-positioned to drive sustainable growth globally. I look forward to partnering with the leadership team and Mastekeers across functions to further amplify value creation, enhance AI-enabled financial performance, and strengthen the company's foundation for the future."

Shares of Mastek Limited was last trading in BSE at Rs. 2254.70 as compared to the previous close of Rs. 2206.30. The total number of shares traded during the day was 7507 in over 1144 trades.

The stock hit an intraday high of Rs. 2259.00 and intraday low of 2202.05. The net turnover during the day was Rs. 16778631.00.

Source : Equity Bulls

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