- Brings over 23 years of HR leadership experience spanning organizational scaling, M&A integration and workforce transformation
- To lead AscentHR’s people strategy as the company expands across APAC, the Middle East, ANZ and Africa
Bengaluru, Karnataka, India, August 2026 — AscentHR, one of India’s leading HR technology and workforce solutions companies, today announced the appointment of Mr. Shivaprasad Mundakana as its Chief Human Resources Officer (CHRO), effective July 1, 2026. He joins the company’s leadership team at an important stage of its growth and will play a key role in advancing AscentHR’s people agenda as it expands across India and international markets.
In his new role, Shivaprasad will lead AscentHR’s people strategy, with a focus on strengthening leadership capabilities and building organizational readiness to support the company’s M&A-led expansion. He will lead HR integration for acquired businesses and develop scalable people processes and organizational frameworks across geographies. He will also foster a culture where employee success and client success go hand in hand as AscentHR expands across APAC, the Middle East, ANZ and Africa.
Shivaprasad brings more than 23 years of HR leadership experience across IT, ITES and commercial organizations, having held senior leadership roles with global companies including Optum India, GE, Oracle and EFI. His expertise spans talent acquisition, HR business partnering, organizational scaling, HR operations, total rewards, mergers and acquisitions, succession planning, employee engagement, business continuity and Diversity, Equity and Inclusion (DEI).
Commenting on his appointment, Mr. Shivaprasad Mundakana, Chief Human Resources Officer, AscentHR, said, “Joining AscentHR at this point in its growth journey is both exciting and inspiring. The company has built a strong foundation and is entering a phase where people, culture and leadership will play an even greater role in shaping its future. I look forward to working with our teams to foster a high-performance culture where people feel empowered to learn, grow and contribute to the company’s continued success.”
Commenting on the appointment, Subramanyam S., Founder & CEO, AscentHR, said, “At AscentHR, we believe strong organizations are built on strong leadership and empowered teams. With our expansion into new markets and continued focus on strategic acquisitions, strengthening our leadership capabilities is more important than ever. Shivaprasad’s proven experience in scaling organizations, integrating teams and building high-performing cultures makes him the ideal leader to shape our people strategy and support our long-term growth. We are delighted to welcome him to the leadership team and look forward to the impact he will create.”
Prior to joining AscentHR, Shivaprasad served as Senior Director, People Team at Optum India, where he spent a decade leading strategic HR initiatives. During his tenure, he successfully led the integration and stabilization of XLHealth India following its acquisition and played a key role in scaling the organization from 800 to more than 8,000 employees while supporting annual India-based revenue of approximately US$120 million. He also sustained employee experience index scores in the 90s while maintaining a 90:10 retention-to-attrition ratio during a period of rapid organizational growth.
The appointment comes as AscentHR accelerates its expansion into new global markets through a combination of organic growth and strategic acquisitions. Strengthening leadership capabilities remains central to the company’s vision of building a scalable, future-ready organization.
AscentHR is one of India’s leading HR technology and workforce solutions companies, enabling organizations to simplify, automate, and transform their people operations. Founded in 2002 and headquartered in Bengaluru, the company delivers an integrated portfolio of Human Capital Management (HCM), payroll, statutory compliance, employee experience, benefits and expense management, enterprise compliance, and workforce solutions to enterprises across India and global markets. Combining technology with deep domain expertise, AscentHR helps organizations improve workforce productivity, enhance employee experience, ensure regulatory compliance, and manage evolving workforce needs with greater agility and efficiency. Over more than two decades, the company has established itself as a trusted partner for businesses seeking to build future-ready, high-performing workforces through scalable HR technology and managed services.
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