Protean eGov Technologies announced the resignation of Managing Director and CEO Suresh Sethi, effective March 31, 2026. The Board expressed gratitude for his role in transforming the company into a leading Digital Public Infrastructure player. Executive Director and COO V Easwaran will take charge as Interim CEO from April 1, 2026.
Protean eGov Technologies Limited informed the exchanges that its Managing Director and Chief Executive Officer, Suresh Sethi, has tendered his resignation on January 16, 2026, to pursue other professional interests. His last working day will be March 31, 2026.
During his tenure, Sethi spearheaded Protean’s transformation into a diversified digital infrastructure company, leading its successful IPO, rebranding initiative, and expansion into new markets. Under his leadership, Protean strengthened its position as a vital player in India’s evolving digital ecosystem. The Board acknowledged his contributions and leadership during a crucial phase of growth.
As part of a seamless leadership transition, Executive Director and COO V Easwaran has been appointed as Interim Chief Executive Officer, effective April 1, 2026. Easwaran brings over three decades of experience across major private and public sector financial institutions, with expertise in operations, digital banking, and strategic leadership.
Key Developments
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Suresh Sethi resigns as MD & CEO effective March 31, 2026
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Board appreciates Sethi’s leadership in driving IPO and digital transformation
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V Easwaran, current Executive Director & COO, to become Interim CEO from April 1, 2026
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Easwaran’s background includes senior roles at India Post Payments Bank, Kotak Mahindra Bank, HDFC Bank, and Standard Chartered Bank
Source: Company filing to BSE and NSE