The board of directors of Allsec Technologies Limited meeting held on February 12, 2023, approved the resignation of Mr. Ashish Johri as Chief Executive Officer and KMP of the Company with effect from the closing of the business hours of February 15, 2023. The board approved appointment of Mr. Naozer Dalal as Chief Executive Officer and KMP of the Company with effect from February 16, 2023. Mr. Naozer Dalal previously designated as a Deputy Chief Executive Officer at Conneqt Business Solutions Limited, led P&L responsibilities for both domestic and international clients across Banking & Financial Services, Telecom & Media, Auto, Manufacturing, Government, Retail & E-Commerce.

Additionally he has played a key role in Operational governance & Controls including on time billing and collections from customers which resulted in revenue growth and profitability year on year. Mr. Naozer is well acknowledged in the wider industry and comes with over 3 decades of varied experience including leadership positions with many leading conglomerates like Standard Chartered Bank, Standard Chartered Finance Limited, Prudent process management services India Pvt Limited and e-Nxt Financials limited ­ A Tata Enterprise. Mr. Naozer holds PGDM from IIM, Ahmedabad specializing Finance & Marketing.