PUNE, India: AI-native contract intelligence company Icertis has announced a significant leadership transition, appointing Rajat Bahri, Chief Financial Officer, and Jim Moffatt, Icertis Board Member and former Global CEO of Deloitte Consulting, as Interim Co-Chief Executive Officers.
As part of the leadership changes, Jim Moffatt has also been named Chair of the Board of Directors, while Rajat Bahri will continue serving as CFO. The company has initiated a global search for a permanent Chief Executive Officer with the support of a leading executive search firm.
Outgoing CEO Anand Subbaraman, who joined Icertis in 2024 to accelerate the company’s AI innovation and operational scale, will remain with the organisation in an advisory role to ensure a seamless leadership transition.
Leadership Focused on AI Innovation and Global Growth
According to the company, the appointments reflect the Board’s confidence in the combined leadership experience of Bahri and Moffatt.
Rajat Bahri brings extensive expertise in scaling high-growth technology businesses through strategic financial leadership, while Jim Moffatt offers decades of executive experience, having previously led Deloitte Consulting’s global business during a period of significant expansion.
Icertis stated that its strategic direction remains unchanged, with continued emphasis on:
- AI innovation
- Customer success
- Enterprise contract intelligence
- Global expansion
- Autonomous contracting
- Operational excellence
The company will continue advancing its AI-native contract intelligence platform, Vera, which enables enterprises to automate, optimise, and manage contracts more efficiently across global operations.
Why It Matters for Pune’s GCC Ecosystem
The leadership transition is particularly relevant for Pune’s Global Capability Centre (GCC) ecosystem, as Icertis maintains a significant technology and engineering presence in Pune.
The company’s Pune operations play an important role in product engineering, AI innovation, software development, and enterprise technology, contributing to its global business. As one of India’s leading enterprise software companies, Icertis continues to strengthen Pune’s reputation as a strategic hub for AI-driven product development, engineering excellence, and innovation-led Global Capability Centres.
With continued investment in artificial intelligence and enterprise software, Icertis reinforces the city’s position as one of India’s fastest-growing destinations for technology-focused GCCs.

