Mastek Appoints Deepak Kedia as New Chief Financial Officer

Mastek Limited , a leading digital transformation services provider, has announced the appointment of Deepak Kedia as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective November 11, 2025. This strategic move, approved by the company's Board of Directors, aims to strengthen Mastek's financial leadership and drive its growth initiatives.

Key Appointment Details

The appointment of Mr. Kedia comes as part of Mastek's commitment to enhancing its financial management and strategic planning capabilities. Here are the key details of the appointment:

Aspect	Details
Name	Deepak Kedia
Position	Chief Financial Officer and Key Managerial Personnel
Effective Date	November 11, 2025
Appointment Basis	Recommendation by Nomination and Remuneration Committee and Audit Committee
Regulatory Compliance	In line with Section 203 of the Companies Act, 2013

Deepak Kedia's Professional Background

Mr. Kedia brings a wealth of experience to his new role at Mastek:

Over two decades of international finance leadership experience
Worked with global enterprises including Motorola Solutions, Hewlett-Packard, NTT Ltd., and Wipro
Expertise in scaling high-growth businesses across APAC, EMEA, LATAM, and North America
Strong track record in P&L management, M&A, investor relations, capital allocation, and digital finance transformation
Previously served as Chief Financial Officer at MarketsandMarkets
Held senior leadership roles at Motorola Solutions and Hewlett-Packard

Professional Qualifications

Mr. Kedia's educational background and professional certifications include:

Chartered Accountant
CPA (Australia)
Executive education in Sustainable Finance from the University of Cambridge

Areas of Expertise

In his career, Mr. Kedia has demonstrated proficiency in:

Driving business turnarounds and margin expansion
Facilitating multi-fold growth and successful investor exits
Managing cross-border restructuring for profitable expansion
Building high-performing global finance teams
Implementing advanced analytics and AI-driven decision frameworks
Championing sustainable, data-driven, and disciplined financial management

Additional Responsibilities

As part of his role, Mr. Kedia will also be:

Designated as a Key Managerial Personnel authorized to determine the materiality of events or information
Responsible for making disclosures to Stock Exchanges

This appointment reflects Mastek's commitment to strengthening its financial leadership and corporate governance. With Mr. Kedia's extensive experience and expertise, Mastek is well-positioned to drive its financial strategies and support its growth objectives in the dynamic digital transformation landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.65%	+2.04%	+12.94%	-0.85%	-26.96%	+127.47%

Mastek Limited (NSE: MASTEK; BSE: 523704), a leading AI-first digital engineering and cloud transformation partner, has secured the prestigious 'Best Enterprise-Wide AI Transformation (Mid-sized Co.)' award at the inaugural edition of The Economic Times Making AI Work Awards 2025. This recognition underscores Mastek's commitment to embedding AI across its core operations and showcases its success in internal AI adoption.

AI-Driven Transformation

Mastek's AI transformation journey is built on its ADOPT AI framework, which encompasses three key areas:

AI for Technology
AI for Business
AI for Data

This comprehensive approach has enabled Mastek to strengthen its internal capabilities and set a strong foundation for enterprise-wide transformation.

Key Achievements

Mastek's AI initiatives have yielded impressive results across various aspects of its operations:

Area	AI Solution	Impact
Software Delivery	AI Amigo	Up to 30% efficiency gains
Requirement-to-Deployment	AI Amigo	20% faster cycles
Incident Resolution	Resolution.AI	Reduced from 8 hours to 4 hours
SLA Compliance	Response.AI	100% compliance
Internal Workflows	Various AI tools	60% of workflows AI-enabled

Empowering the Workforce

As part of its AI transformation strategy, Mastek has equipped over 3,600 employees with practical AI skills. This initiative has fostered a culture of enterprise-wide innovation and digital maturity within the organization.

Leadership Perspective

Umang Nahata, CEO of Mastek, emphasized the company's commitment to AI, stating, "At Mastek, AI isn't just a capability we deliver to clients, it is something we live by. We chose to be among the first to adopt AI internally across everything we do, and we are proud to demonstrate that success back to our clients."

Broader Impact

Mastek's AI-driven approach has resulted in significant time savings, cost optimization, and productivity improvements across various functions, including engineering, HR, marketing, and managed services. The company has successfully implemented AI-enabled tools such as Sales Copilot, Talent Genius, and Policy Helper to streamline recruitment, sales, and IT operations.

This award from The Economic Times validates Mastek's "Lead with AI" vision, which aims to make AI purposeful, responsible, ethical, and outcome-driven. As the company continues to innovate and expand its AI capabilities, it is well-positioned to help its clients navigate the evolving technological landscape and achieve measurable returns on their technology investments.

Mastek's success in enterprise-wide AI transformation serves as a compelling example for other mid-sized companies looking to leverage AI for operational excellence and innovation. By living and breathing AI internally, Mastek has not only enhanced its own capabilities but has also strengthened its position as a trusted partner for clients seeking to embark on their own AI transformation journeys.