Hyderabad: Mahindra Satyam, the rebranded software outsourcer acquired by Tech Mahindra Ltd, on Tuesday announced top management changes that saw more senior executives from its new parent take key positions.
Rakesh Soni, chief operating officer at Tech Mahindra, was named as COO of Mahindra Satyam. He will lead the integration of the two companies as well as head the banking, financial services and insurance (BFSI), emerging verticals and strategic accounts divisions, the firm said in a statement.
Former chief executive officer A.S. Murthy was named as Mahindra Satyam’s chief technology officer. Murthy will also lead engineering, consulting and infrastructure management services, it added.
The changes are part of a reorganization at the fraud-hit Mahindra Satyam, formerly Satyam Computer Services Ltd. On 23 June, the firm named C.P. Gurnani as its chief executive, previously Tech Mahindra’s head of international operations, replacing Murthy.
On Tuesday, Mahindra Satyam said Atul Kanwar, chief business development officer at Tech Mahindra, was appointed as its head of business development and operations for regional business groups—Europe, Australasia, West Asia, Africa and India.
Manish Mehta, who led system, analysis and program (SAP) development at Satyam, will now head delivery.
Keshab Panda, who was previously chief of Mahindra Satyam’s Continental Europe, energy and utilities and manufacturing operations, will head business development and operations for manufacturing, BFSI, emerging verticals and strategic accounts, the company said.
Mahindra Satyam is also integrating its sales and delivery wings to strengthen industry verticals.
“This model is expected to increase account focus and responsiveness, reduce overheads, and improve customer delight,” the company said.
The new structure, it added, was aimed at simplifying the organization design in line with the proposed business plans and eliminates duplication in roles.