accenture binny mathews infosys: Infosys loses senior executive Binny Mathews to Accenture

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Global IT consulting major Accenture has appointed former Infosys executive Binny Mathews as its chief procurement officer and head of the company’s Procurement Plus (P+) capability, the company said.
Mathews, who was with Infosys for over 15 years and was a senior vice president and group head of procurement before joining Accenture on January 3, 2024, joins the list of senior executives leaving Infosys since last year.

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“Mathews will be responsible for leading the strategic direction for Accenture’s global procurement spend. This includes continuing the transformation of the company’s supply chain into a sustainable, diverse value chain, committed to responsible and profitable buying and 360° supplier partnerships,” Nasdaq-listed Accenture said in a statement.
Previously, Mathews worked at the Tata Group, FreeMarkets (now SAP Ariba) and Marico in the procurement divisions.

Also read | Cognizant gets its mojo back under new CEO’s watch

Recently, there have been a slew of movements within firms in the IT sector with Infosys and Wipro losing a large number of employees to rival companies. In 2023 alone, Infosys has lost around ten senior executives to its peer firms.

Discover the stories of your interest


This has also resulted in at least two lawsuits by Wipro against its former employees who joined competitor Cognizant. Infosys has written a strong communication to Cognizant alleging the global firm of “unethical poaching tactics”.Effective September 2023, Accenture also announced at least five senior-level appointments including Manish Sharma as its North America CEO, John Walsh as its chief operating officer, Steve Ferneyhough as chief strategic accounts & global sales officer, Paul Daugherty as chief technology & innovation officer and Karthik Narain to be the group chief executive for technology.

Matthews said, “I’m excited to lead Procurement Plus and continue advancing Accenture’s global leadership in responsible buying, with sustainability, transparency, agility and inclusivity underscoring how we work with our suppliers around the world and across the marketplace.”

“Binny will play a critical role in how we power innovation, growth and business continuity for the organization, ensuring that our global strategy is executed based on local demand, and that we lead with data-driven ways to deliver value,” said Margaret Smith, senior managing director and executive director of corporate services and sustainability at Accenture.



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accenture binny mathews infosys: Infosys loses senior executive Binny Mathews to Accenture


Global IT consulting major Accenture has appointed former Infosys executive Binny Mathews as its chief procurement officer and head of the company’s Procurement Plus (P+) capability, the company said.
Mathews, who was with Infosys for over 15 years and was a senior vice president and group head of procurement before joining Accenture on January 3, 2024, joins the list of senior executives leaving Infosys since last year.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit
Indian School of Business ISB Product Management Visit
IIM Kozhikode IIMK Advanced Data Science For Managers Visit

“Mathews will be responsible for leading the strategic direction for Accenture’s global procurement spend. This includes continuing the transformation of the company’s supply chain into a sustainable, diverse value chain, committed to responsible and profitable buying and 360° supplier partnerships,” Nasdaq-listed Accenture said in a statement.
Previously, Mathews worked at the Tata Group, FreeMarkets (now SAP Ariba) and Marico in the procurement divisions.

Also read | Cognizant gets its mojo back under new CEO’s watch

Recently, there have been a slew of movements within firms in the IT sector with Infosys and Wipro losing a large number of employees to rival companies. In 2023 alone, Infosys has lost around ten senior executives to its peer firms.

Discover the stories of your interest


This has also resulted in at least two lawsuits by Wipro against its former employees who joined competitor Cognizant. Infosys has written a strong communication to Cognizant alleging the global firm of “unethical poaching tactics”.Effective September 2023, Accenture also announced at least five senior-level appointments including Manish Sharma as its North America CEO, John Walsh as its chief operating officer, Steve Ferneyhough as chief strategic accounts & global sales officer, Paul Daugherty as chief technology & innovation officer and Karthik Narain to be the group chief executive for technology.

Matthews said, “I’m excited to lead Procurement Plus and continue advancing Accenture’s global leadership in responsible buying, with sustainability, transparency, agility and inclusivity underscoring how we work with our suppliers around the world and across the marketplace.”

“Binny will play a critical role in how we power innovation, growth and business continuity for the organization, ensuring that our global strategy is executed based on local demand, and that we lead with data-driven ways to deliver value,” said Margaret Smith, senior managing director and executive director of corporate services and sustainability at Accenture.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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