Tech Mahindra has appointed C P Gurnani, credited with the turnaround of the scam—hit Mahindra Satyam, as Managing Director.
“C P’s journey as the turnaround CEO is now complete and I congratulate him as he takes on this additional critical responsibility,” Mahindra Group Chairman Anand Mahindra said in a statement on Monday.
Mahindra Group had announced amalgamation of its two technology companies under which Mahindra Satyam was merged with parent Tech Mahindra, creating a $2.4—billion entity.
In April 2009, Tech Mahindra took over the reins of Satyam Computer Services —— which was hit by multi—billion dollar accounting scam by its then promoter B Ramalinga Raju —— by picking up 31 per cent stake for $351 million in a deal monitored by the government. The company was rebranded as Mahindra Satyam.
“Tech Mahindra has been instrumental in shaping my career and the opportunity at Mahindra Satyam helped me build on that foundation,” Gurnani said.
Earlier, he headed Tech Mahindra’s global operations, sales and marketing functions, and led the development of the company’s competency and solution units.
He is an alumnus of National Institute of Technology (NIT), Rourkela, and has held several leading positions with IT companies such as Hewlett Packard Ltd, Perot Systems (India) Ltd and HCL Corporation in his career of over 31 years.