Pankaj Jathar Appointed New CEO of NIIT: A New Era of Leadership

NIIT announced Pankaj Jathar as the new CEO, succeeding Sapnesh Lalla. With 25 years in diverse sectors, Jathar aims to leverage technology and innovation to drive growth. Chairman Rajendra S Pawar praised his expertise in tech-driven industries. NIIT shares rose 2.34% on the news.

NIIT on Monday announced the appointment of Pankaj Jathar as its new Chief Executive Officer with immediate effect.

Based in Gurugram, NIIT is a prominent skill and talent development company offering a wide range of online and offline training courses.

Jathar takes over the reins from Sapnesh Lalla, who will remain as a non-executive director at NIIT Ltd while continuing as the CEO of NIIT Learning Systems, according to a company statement.

With 25 years of experience in leading global corporations across e-commerce, consulting, technology solutions, training, business development, and governance, Jathar is set to propel NIIT forward. He began his career as a management trainee at NIIT, with subsequent roles at Tata Interactive Systems, Accenture, Amazon India, Cloudtail, and Prione.

''Under his leadership, NIIT will further strengthen its position as a leading player in the segment, capitalizing on new opportunities through the integration of GenAI to drive innovation and growth,'' the statement said.

NIIT chairman and co-founder Rajendra S Pawar asserted that Jathar's extensive experience and deep knowledge of technology-driven industries make him the ideal leader for NIIT.

''I am honoured to come back to NIIT Ltd. and share its unwavering dedication in the field of education and technology. I look forward to working closely with the talented team at NIIT to build on our strengths, leverage emerging opportunities, and help to realise the true potential of our learners and partners,'' Jathar remarked.

Reflecting optimism from the market, shares of NIIT Ltd. surged by 2.34%, trading at Rs 105.85 apiece on the BSE on Monday.

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