Capco Announces Two Executive Appointments, Dipanjan Naha and Madhav Malhotra Join Capco India as Partners

Capco, a Wipro company, the global technology and management consultancy, has appointed Dipanjan Naha as a Partner and Head of the India Market, and Madhav Malhotra as a Partner for the India Market.

With offices in Bangalore, Pune, Gurgaon, Mumbai, Chennai, and Hyderabad, Capco has been serving its international clientele in India since 2008. Today, the company employs over 1,400 people there. Capco launched a specialized practice in 2022 that provides strategic advising and consultancy services to Indian financial services companies.

Anne-Marie Rowland, CEO of Capco, said: “Dipanjan’s and Madhav’s experience working with global organizations will be invaluable in driving the expansion and depth of Capco’s advisory capability in India. Capco is focused on partnering with Indian financial services clients to help them solve their most complex challenges, enabling them to increase efficiency, reduce costs and offer better user experiences to their own customers.”

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Dipanjan Naha, based in Mumbai, will be responsible for accelerating the growth of Capco’s India Market business and helping a wide and diverse range of Indian financial institutions to realise their strategic goals. Dipanjan joins Capco from Deloitte’s Clients and Industries division, having held financial services leadership roles at KPMG, DBS Bank, HSBC, HDFC Bank and ICICI Bank. Dipanjan will focus on areas including digital, operational and workforce transformations, data & analytics, emerging technologies, business strategy, elevating customer experience, risk management, operationalising regulations, and managed services.

Madhav Malhotra, based in Bangalore, brings over 15 years of experience in strategy and management consulting, operational and digital transformation, finance, regulation and governance. Madhav will work alongside Dipanjan to drive growth and expansion of its consulting footprint across the Indian market, focusing on delivering end-to-end transformations for financial services institutions. Madhav joins from Swiss Re in Bangalore, where he served as CFO for its Global Business Solution centres in India, and also led the build, operationalization and transformation of Swiss Re’s Cash & Cost Operations function for APAC and Americas. Prior to that role, he was a transformation consultant with KPMG and Deloitte, working with banks and insurers to enable their technology and operational transformation journeys.

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James Arnett, APAC & Middle East Managing Partner at Capco, said: “I am very pleased to welcome Dipanjan and Madhav to the team. Both Dipanjan and Madhav bring extensive expertise to our local leadership team to foster strong relationships and collaboration with our Indian clients and partners as they look to drive and accelerate innovative transformation opportunities.”

About Capco

Capco, a Wipro subsidiary, is a multinational management and technology consulting firm that specialises in the financial services sector. Capco is a business-technology hybrid that accelerates digital efforts for capital markets, wealth and asset management, insurance, banking and payments, and the energy sector by fusing cutting-edge thinking with unmatched industry expertise.

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