Newgen Software has promoted its Chief Operating Officer, Tarun Nandwani, to Chief Executive Officer for an 18-month term beginning 1 August 2026. He succeeds Virender Jeet, who has resigned citing personal and professional reasons and will continue in the role until 31 August.
A Newgen veteran with 33 years at the company, Nandwani has played a key role in building several of its core business lines, including trade finance, lending, insurance policy administration and loan management solutions.
The company said Nandwani had helped drive some of the strongest growth periods in Newgen’s history during his tenure as COO, contributing to gains in revenue, profitability, customer acquisition and market presence.
Alongside the leadership change, the Board has also approved the appointment of Pramod Kumar, currently Vice President – Sales at the company’s Singapore subsidiary, as Chief Growth Officer with effect from 1 August.
Speaking on Nandwani’s elevation, the company said, “As Chief Operating Officer, Tarun has helped drive strongest growth periods in Newgen’s history, contributing to significant expansion in revenue, profitability, customer acquisition, and market presence. Under his leadership, Newgen strengthened its global footprint, expanded strategic product portfolios, deepened customer relationships, and enhanced execution capabilities across the organization.”
