Movate Appoints Jay Sahal as CFO to Drive AI Growth
Portfolio - People | Jan 27, 2025 | EIN
Movate, a digital services company, has announced the appointment of Jay Sahal as its new Chief Financial Officer. Sahal brings extensive experience in financial strategy, mergers and acquisitions, and AI technologies from his previous roles at Yellow.ai, Inspira Enterprise, and Wipro. As CFO, Sahal will focus on audit, treasury, tax, financial analytics, and risk management, while driving innovative investment strategies in AI through Movate's Propel Unit. CEO Sunil Mittal highlighted Sahal's alignment with Movate's vision for innovation and long-term stakeholder value. This move underscores Movate's commitment to AI-enabled growth and its position as a leader in digital transformation.
Sectors
- Digital Services
- Artificial Intelligence
Geography
- India – Movate is headquartered in Bengaluru, India, and Jay Sahal's appointment as CFO is part of its strategic growth in the region.
Industry
- Digital Services – Movate operates within the digital services industry, providing technology and customer experience solutions.
- Artificial Intelligence – AI is central to Movate's growth strategy and Jay Sahal's expertise, focusing on generative AI and technology advancements.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Movate | Target company | Company | A digital services company focused on AI and technology-driven customer experience solutions. |
| Jay Sahal | Chief Financial Officer | Person | Newly appointed CFO of Movate with extensive experience in finance and AI technologies. |
| Sunil Mittal | Chief Executive Officer | Person | CEO of Movate, overseeing the company's strategic direction and growth initiatives. |
| Yellow.ai | Previous Company | Company | An AI SaaS startup where Jay Sahal was previously CFO. |
| Inspira Enterprise | Previous Company | Company | A global IT company where Jay Sahal held a CFO position. |
| Wipro | Previous Company | Company | A global IT, consulting, and business process services company where Jay Sahal held leadership roles. |