Tech Mahindra announce the appointment of former Infosys president Mohit Joshi as MD and CEO designate, who will take over the charge from C P Gurnani after his retirement on 19th December 2023.
This announcement follows the resignation of Mohit Joshi from Infosys where he was head of the global financial services and healthcare and the software businesses, which include Finacle (Infosys’ banking platform) and the artificial intelligence and automation portfolio.
Tech Mahindra said in a statement :
“Mohit will take over as MD and CEO when C P Gurnani retires on 19 December 2023. He will join Tech Mahindra well before that date to allow for sufficient transition time,”.
Infosys in a regulatory filing said that Mohit Joshi has resign from the company.
Mohit Joshi will be on leave effective from 11th March, 2023 and his last date with the company would be 9th June, 2023.
Mohit Joshi will replace C P Gurnani who has one of the longest serving chief executive officers of the Indian IT sector.
C P Gurnani had join Tech Mahindra in 2004 and later spearheaded the takeover of scam-ridden Satyam Computers and its merger with Tech Mahindra.
C P Gurnani has been MD and CEO of Tech Mahindra since June 2009.
Tech Mahindra Nomination and Remuneration Committee (NRC) chairperson T N Manoharan said that Joshi’s appointment is the successful culmination of a rigorous selection process during which the NRC evaluate a number of internal and external candidates.
T N Manoharan said :
“Mohit’s experience with digital transformation, new technologies and large deals will complement Tech Mahindra’s strategies and continue to build on the strong growth momentum demonstrated by the company,”.
At Infosys, Mohit Joshi was also responsible for the company’s internal CIO function and the Infosys Knowledge Institute.
Mohit Joshi has a non-executive director at Aviva Plc since 2020 and is a member of its Risk & Governance and Nomination committees.
Mohit Joshi Said :
“Tech Mahindra’s growth journey has been remarkable. I am delighted to be joining the Tech Mahindra family and look forward to working closely with all the associates, partners, and customers to achieve new milestones, make a positive difference and rise together,”.
Prior to joining Infosys in 2000, Mohit Joshi work with ABN AMRO and ANZ Grindlays in their corporate and investment bank.
Mohit Joshi has live and work in Asia, America and Europe and currently lives in London with his family.
