Tech Mahindra announced the appointment of Mohit Joshi as the next MD & CEO. Joshi resigned as Infosys president on March 11. The Mahindra Group IT services firm confirmed the development in an exchange filing on Saturday. Joshi will take on the new role starting December 20.
Tech Mahindra in an exchange filing on Saturday, March 11 said its board of directors approved the appointment of Mohit Joshi, as a Director on the Board of Directors of the Company with effect from December 29, 2023.
Tech Mahindra board also approved the appointment of Joshi “as Managing Director and Chief Executive Officer of the Company and Key Managerial Personnel under the Companies Act, 2013, for a period of 5 (five) years with effect from 20th December, 2023 to 19th December, 2028 (both days inclusive)”, the BSE filing added.
Earlier today Infosys announced that Joshi’s last working day with the company would be June 9, 2023.
“Infosys, a global leader in next-generation digital services and consulting, today announced the resignation of Mohit Joshi, President. Effective March 11, 2023 he will be on leave and his last date with the company would be June 09, 2023. The Board of Directors placed on record their deep sense of appreciation for the services rendered by Mohit Joshi and for his contributions to the company,” the Infosys exchange filing added.
At Infy, Joshi is serving as the Head of Banking, Financial Services & Insurance ( BFSI), Healthcare and Life Sciences and is also responsible for firm-wide sales operations and reporting processes, including large deal pursuits and top account growth.
In 2007, Mohit was appointed as CEO of Infosys Mexico and was instrumental in setting up the first subsidiary in Latin America. Mohit has previously worked in India with ABN AMRO and ANZ Grindlays in their Corporate and Investment banks. Mohit holds a Master of Business Administration from the Faculty of Management Studies, Delhi University and a bachelor’s degree in history from St. Stephen’s College, Delhi.
