TeamLease appoints Titan’s Suparna Mitra as new MD & CEO; Ashok Reddy moves to executive vice chairman

Leading people supply chain company TeamLease Services’ board has appointed Suparna Mitra as the Managing Director & Chief Executive Officer (MD & CEO), effective February 02, 2026. She will succeed Ashok Reddy, the current MD & CEO. A company statement says Manish Sabharwal will also step down from his executive responsibilities but continue as a non-executive, non-independent director. Narayan Ramachandran will continue in his role as the chairman.

Ashok, in his new role as executive vice chairman, will work with Mitra to ensure a seamless transition and support her on long-term strategy, horizontal projects, and building adjacencies.

“This transition is the logical next step for Manish and me. Our executive roles were always distinct from our board member and shareholder roles, which continue. The next orbit for Teamlease – higher margins, faster growth and institutionalisation – will benefit from leadership instincts that are fresh and different from ours. Mitra brings a powerful combination of strategic thinking, consumer insight, and technology orientation that accelerates TeamLease’s mission of putting India to work,” said Reddy.

Who is Suparna Mitra?

Mitra joins TeamLease from Titan Company, where she most recently served as the CEO of the Watches & Wearables Division. An alumna of IIM Calcutta, where she completed her MBA, and Jadavpur University, where she earned her Bachelor’s degree in Electrical Engineering, Mitra began her career as a management trainee with Hindustan Lever. 

She worked with Arvind Brands as business head- Lee, before joining Titan in 2006 as global marketing head. She took on progressively larger leadership roles in Titan over the years. Under her leadership, Titan’s Watches & Wearables division delivered 2x revenue growth in three years to reach Rs 4,500 crore in FY 2024-25, strengthened market leadership in watches through premiumisation, and built a category-defining wearables business. 

She brings over three decades of experience across technology-led transformation, retail, digital commerce, and organisational scale management, having led teams of over 3,000 employees and complex P&Ls.

Recognised repeatedly among India’s Most Powerful Women in Business, Mitra also serves as an independent board member of Swiggy and a member of the board of governors of IIM Kozhikode.

“I am honoured to join TeamLease at such a pivotal moment for India and its employment landscape. TeamLease has built a unique foundation across staffing, skilling, and compliance, touching millions of lives every year. I look forward to working with the Board and the leadership team to unlock the next phase of growth, digital innovation, and social impact,” Mitra said on her appointment.

Narayan Ramachandran, Chairman, TeamLease, said Mitra is a proven transformation architect who has scaled large consumer and technology-driven businesses. “Her cross-sector experience and deep understanding of customers, technology, and people make her an ideal leader for the next chapter of TeamLease.”

TeamLease Services offers a range of solutions to over 4,000 employers for their hiring, productivity, and scale challenges. TeamLease’s shares closed 0.43% up at Rs 1,619.00 on the NSE today.