Appointment Announcement
On 1 October 2026, NuSummit, a global provider of AI‑led cybersecurity, data, digital and cloud transformation solutions for capital markets, insurance, banking and financial services, issued a press release announcing the appointment of Kunal Purohit as its Managing Director and Chief Executive Officer, effective immediately.
Leadership Transition
Anantharaman Sreenivasan (referred to as Ganesh), who has led NuSummit for the past five years through growth, integration and transformation, will relinquish the MD and CEO responsibilities and will continue to serve as an Executive Director on NuSummit’s Board until 31 March 2027, providing continuity during the leadership change.
Executive Background
Kunal Purohit brings more than two decades of experience in founding and scaling businesses centred on modern technologies. He previously held senior leadership positions at Tech Mahindra and HCL Technologies, where he helped clients redesign business processes and deliver outcomes using cybersecurity, artificial intelligence, cloud and data solutions. Entrepreneur India recognised him among the Top 25 Tech Trailblazers in India, and the Indian Institute of Management Indore awarded him the Distinguished Alumni Award for his impact in AI. He also serves on the boards of several start‑ups.
Comments from Stakeholders
Varun Laul, Partner at Investcorp and Board Member of NuSummit, said the company is delighted to welcome Kunal, noting his deep expertise in next‑generation technologies such as cybersecurity, cloud engineering and AI, which are core to NuSummit’s offerings, and that his experience scaling global technology businesses will help accelerate growth and deliver greater client value. Kunal Purohit expressed enthusiasm about joining NuSummit at a pivotal moment, highlighting the convergence of AI, cybersecurity, data and cloud across enterprise technology and affirming NuSummit’s positioning to support clients through this transformation.
About NuSummit
NuSummit is described as a global technology leader in AI‑led cybersecurity and digital transformation, covering applications, data, analytics and cloud. With over twenty years of experience, it serves more than 300 clients worldwide, including 22 Fortune 500 companies, with core expertise in banking, insurance and capital markets. The company is backed by Investcorp, a leading global alternative investment firm.
About Investcorp
Investcorp is a global investment manager specialising in alternative investments across private equity, real estate, credit, absolute‑return strategies, GP stakes, infrastructure and insurance asset management. Founded in 1982, it manages approximately $64 billion of assets, operates 14 offices across the United States, Europe, the GCC and Asia (including India, China, Japan and Singapore), and employs roughly 500 professionals from 40 countries.
Disclaimer
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