Target Group has appointed Shashi Bhat as chairman to lead its next phase of growth in financial services and other regulated sectors.
Bhat brings over 30 years’ experience in the industry, including roles in sales, operations, business strategy and digital transformation.
He has spent nearly 20 years focused on digital transformation.
In his new role, Bhat will use his experience and market network to support Target Group’s growth.
He will work closely with the executive committee and wider team to meet Target’s objectives and deliver value for customers in the UK and internationally.
Bhat said: “I am excited to join Target and help realise the fabulous potential the business has to offer. There is so much going for it with its breadth of capabilities and there’s much we can achieve, particularly with such a great culture and a strong and motivated team in place.
“On top of that is the depth – not just as an FCA-regulated entity, but also of its understanding of BFSI being stronger than most outsourcers will have.
“With my experience, it’s clear that there are bank-grade processes and frameworks in place throughout Target’s offering.”
Bhat added: “That makes for a brilliant foundation, which you can build on and add other capabilities and add more propositions as we address what the market needs.
“It’s a great opportunity with plenty of potential – it’s all about pulling the right levers and putting ourselves in the best position to achieve this growth.”
Peter O’Connor, CEO at Target Group, said: “With his extensive background in financial services and digital transformation, there’s no doubt that Shashi is a tremendous coup for Target and will be a huge asset as our new chairman.
“It is an exciting time at Target as we continue to execute our ambitious growth strategy – built on the strength of our people, our broad capabilities across regulated sectors and our deep domain expertise.
“I am looking forward to working together and leveraging his valuable insight and support for the benefit of both new and existing clients and Target as a whole.”
