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Sumedh Mehta
Results oriented transformative CIO driving innovative change through digital technology
Sumedh Mehta is the Chief Information Officer (CIO) at Putnam Investments, a global money management firm.1 He joined Putnam in 2015 and has since been responsible for modernizing all aspects of the company's systems infrastructure and application development.1
Professional Background
Mehta has extensive experience in the technology and financial services sectors. Prior to joining Putnam, he held significant roles at companies such as Fidelity Investments and Mercer.2 His expertise spans IT strategy, operational effectiveness, and business development.2
Achievements at Putnam
As CIO, Mehta has led several key initiatives:
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Digital Transformation: He has spearheaded a comprehensive digital transformation across multiple business lines and operations on three continents.1
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Cloud Computing: Mehta has enabled the firm's investment teams to bring new products, such as active ETFs, to market quickly using cloud computing technologies.1
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Automation: He has overseen the development of automation processes to improve Putnam's efficiency and resource allocation.1
Recognition
In 2022, Mehta was honored with the CIO of the Year® ORBIE® Award by BostonCIO, recognizing his excellence in technology leadership and management effectiveness.1
Industry Involvement
Mehta is actively involved in the Greater Boston area's financial technology industry. He serves as a founding member of the nonprofit MassChallenge FinTech advisory board and has led the development of the Fintech Exchange as part of the FinTech Hub.1
Education
Mehta holds degrees in Electronic Engineering and Business Administration from reputable institutions.2
In his role at Putnam, Mehta continues to focus on aligning technology initiatives with business outcomes and driving innovation across the organization.34