Overview
- Coforge appointed Akhil Kumar Gupta as non‑executive independent chair for a five‑year term effective September 29, 2026, subject to shareholder approval.
- The board selected Gupta after a global search run with Egon Zehnder and said he was the unanimous choice of the nomination committee and the full board.
- The move follows a governance crisis earlier this month when an internal audit found a withheld board evaluation report and led to the sudden resignation of former chair OP Bhatt and later the NRC chair D K Singh.
- Coforge told investors the leadership changes do not affect its financial reporting and it reaffirmed a four‑year revenue target of nearly $5 billion, even as the upheaval shaved roughly Rs 4,400 crore off market value.
- Gupta is a chartered accountant with more than 40 years’ experience and multiple board roles, and the company says his experience will strengthen oversight and help the firm pursue AI‑led growth opportunities.