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Satyam’s Australia chief quits: report

Satyam’s Australia chief quits: report
PTI
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First Published: Thu, May 28 2009. 11 32 AM IST
Updated: Thu, May 28 2009. 11 32 AM IST
Melbourne: IT firm Satyam Computer’s Australia chief Deepak Nangia has quit from his high profile role, in pursuit of greener pastures, a media report said.
The local head of IT firm Satyam Computer Services here Nangia was quoted by The Australian, “I left the company about three weeks ago to pursue other opportunities.”
He joined Satyam in 2002 and during his tenure, Nangia built Satyam Australia into a 200 million Australian dollars company, securing blue-chip clients such as Telstra, NAB and Qantas.
According to a company spokesperson, Satyam has identified a successor and an announcement would be made soon.
The report said Nangia, along with his other teammates, has been working overtime to retain Satyam’s clients.
However, some clients, including Telstra and NAB, have either decided to cut all ties or reduce their engagement with the IT firm due to the accounting fraud saga.
The firm’s bid to build a $75 million software facility at Deakin University in Geelong, Melbourne, also remains in limbo more than a year after it was announced.
Late last year, Nangia had said Satyam employed about 1,000 people locally, with an additional 700 workers in India servicing Australian customers.
Over the past few months, other senior executives have left the firm, including the head of Satyam’s Asia-Pacific unit, Virender Agarwal, the report said.
Agarwal has been replaced by TR Anand, global head of Satyam’s telco unit.
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First Published: Thu, May 28 2009. 11 32 AM IST