TeamLease Services, a staffing company, announced the appointment of Suparna Mitra as the Managing Director & Chief Executive Officer (MD & CEO), effective February 2, 2026.
Suparna Mitra to succeed Ashok Reddy, the current Managing Director & CEO. Manish Sabharwal will 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 Suparna to ensure a seamless transition and support her on long-term strategy, horizontal projects and building adjacencies.
She brings over three decades of deep experience across technology-led transformation, retail, digital commerce, and organisational scale management, having led teams of over 3,000 employees and complex P&Ls.
Suparna 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, Suparna began her career as a management trainee with Hindustan Lever Limited. 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 ₹4,500 crore in FY2024-25, strengthened market leadership in watches through premiumization, and built a category-defining wearables business.
Narayan Ramachandran, Chairman, TeamLease, said, “We are delighted to welcome Suparna as the new MD & CEO of TeamLease. She is a proven transformation architect who has scaled large consumer and technology-driven businesses with a rare blend of strategic foresight and operational discipline. Her cross-sector experience and deep understanding of customers, technology, and people make her an ideal leader for the next chapter of TeamLease.”
“On behalf of the Board, I would like to express our deep gratitude to Manish and Ashok. Their entrepreneurial leadership has shaped TeamLease into India’s foremost human capital powerhouse, listed, profitable, and purpose-driven. Over the past 25 years, TeamLease has grown to revenues of over ₹11,000 crore, pan-India operations across 800+ locations, and a 4x growth in EBITDA since listing. They steered the company through multiple economic cycles, including the 2008 recession and the 2020–21 pandemic, while expanding into new business verticals such as NETAP, Specialised staffing, HRTech, RegTech, and EdTech. Their vision has impacted millions of careers and shaped India’s labour market reforms. We look forward to their continued contributions in their new roles,” he adds.
Ashok Reddy said, “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. Suparna brings a powerful combination of strategic thinking, consumer insight, and technology orientation that accelerates TeamLease’s mission of putting India to work.”
Suparna Mitra said, “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.”
