Wednesday, June 24, 2009

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Ram Mynampati of Satyam quits

Ram Mynampati, the former Satyam executive director and an interim spokesperson of the company after Ramalinga Raju’s exit, is learnt to have put in his papers. He has been replaced by Keshab Panda as the head of the healthcare vertical.

Ram Mynampati was the interim CEO of Satyam for a brief period after Ramalinga Raju had confessed to a Rs 7,000 crore fraud spread across five years at the IT company. Panda who was head of the Europe business will be replaced by Vikram Nayyar from Tech Mahindra.

Satyam Computer Services, now been re-branded as Mahindra Satyam, has seen many senior management changes apart from the appointment of a new CEO and CFO in past two days.

Tech Mahindra, which now has 31 per cent in Satyam, has been keen on appointing professionals from within the M&M Group to put Satyam back on track and help erase its tainted image. These announcements are likely to be made by tomorrow. However, Tech Mahindra declined to comment on these management changes.

It is also learnt that AS Murthy, who was the Satyam CEO, will now be the Chief Technology Officer (CTO) of Mahindra Satyam. He was earlier the head of Satyam global delivery business. C P Gurnani will take over as the new chief executive officer (CEO) of Mahindra Satyam.

Also, another old Tech Mahindra hand, Rohit Gandhi, will take over as APAC- Middle East, India, Africa (MEIA) head. It was earlier headed by Virender Aggarwal who quit Satyam three months back.

To help boost its marketing go-to strategy, Tech Mahindra has appointed Atul Kanwar, former CEO at Birla Transworks the BPO arm of Aditya Birla Nuvo, as the Global head of sales and marketing for Satyam. T Hari was earlier the head of marketing based out of London, but moved to India after the Satyam scandal broke in January 2009.

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