Persistent Systems Announces Strategic Leadership Shift: Jaideep Dhok Elevated to COO-Technology
Persistent Systems has announced significant leadership changes. Dhanashree Bhat, COO and SMP, will step down on August 11, 2025. Jaideep Dhok has been promoted to COO-Technology, effective August 12, 2025. Dhok, with 23 years of experience, will oversee delivery excellence, talent management, learning and development, and partnerships. CFO Vinit Teredesai's role expands to include IT and ESG responsibilities. These changes aim to scale growth momentum and enhance operational excellence, focusing on AI-led and platform-driven strategies.

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Persistent Systems , a global leader in Digital Engineering and Enterprise Modernization, has announced significant changes to its leadership team, aimed at scaling its growth momentum and enhancing operational excellence.
Key Leadership Changes
Dhanashree Bhat, the current Chief Operating Officer and Senior Management Personnel (SMP), has decided to step down from her position, effective August 11, 2025. Bhat's departure is attributed to personal reasons and her pursuit of external career opportunities. The company has expressed gratitude for her valuable contributions to strengthening Persistent's operational and people-focused capabilities.
In a strategic move, Persistent Systems has elevated Jaideep Dhok to the position of Chief Operating Officer - Technology, effective August 12, 2025. This appointment underscores the company's focus on seamless execution and long-term transformation priorities.
Jaideep Dhok's Profile and New Responsibilities
Jaideep Dhok brings a wealth of experience to his new role:
- Over 23 years of experience across horizontal technologies and the Banking, Financial Services, and Insurance (BFSI) industry
- 14+ years at Persistent Systems, leading major transformation programs and expanding the BFSI segment
- Previously served as Senior Vice President for BFSI
- Currently leads the APAC region and is a key contributor to the company's AI strategy
In his new capacity as COO-Technology, Dhok will oversee:
- Delivery Excellence
- Talent Acquisition and Management
- Learning and Development
- Alliances and Partnerships
Additional Organizational Changes
As part of this transition, Vinit Teredesai, Persistent's Chief Financial Officer and Executive Director, will expand his responsibilities. In addition to his current roles overseeing Corporate Finance, Treasury, Financial Reporting, Taxation, Enterprise Risk Management, and Investor Relations, Teredesai will now also be responsible for IT and ESG (Environmental, Social, and Governance) initiatives.
Management's Perspective
Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent Systems, commented on the reorganization:
"We are pleased to welcome Jaideep to his new role as Chief Operating Officer – Technology. His strong technology background, coupled with execution focus and deep understanding of our business, will help us scale with agility as we look to pivot our Company on the AI-led, platform-driven strategy."
Company Outlook
With these strategic leadership changes, Persistent Systems aims to strengthen its position in the market and continue delivering value to all stakeholders. The company remains committed to executing its strategic priorities, with a particular focus on AI-led and platform-driven solutions across industries.
Persistent Systems, with over 25,000 employees across 18 countries, continues to be a significant player in the IT services sector, offering a comprehensive suite of services including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation.
As the company navigates these leadership transitions, it remains poised to leverage its strengths in innovation and client success, further solidifying its position in the global digital engineering and enterprise modernization landscape.
Historical Stock Returns for Persistent Systems
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.49% | +0.87% | -11.73% | -14.82% | +10.71% | +935.70% |