Infosys President Mohit Joshi, who resigned from the company, has been appointed as Managing Director and Chief Executive Officer (CEO) of Tech Mahindra.
Tech Mahindra said in a stock exchange filing that Joshi will be appointed as MD and CEO with effect from December 20. Current CEO CP Gurnani’s term ends on December 19.
“Appointment of Mr. Mohit Joshi, (DIN: 08339247) 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 company said.
Mohit Joshi’s tenure at Infosys will come to an end in June and till then he will be on leave. This can be considered as the second biggest exit for Infosys in recent months, after Ravi Kumar S, also an ex-Infosys President, who exited the company and took over the role of Cognizant CEO in January 2023.
Joshi has over two decades of experience in the Enterprise technology software and consulting space and has worked with the largest corporations in the world in driving digital transformation.
Tech Mahindra NRC Chairperson TN Manoharan said, “Mohit’s appointment is the successful culmination of a rigorous selection process during which the NRC evaluated a number of internal and external candidates. Mohit’s experience with digital transformation, new technologies and large deals will complement Tech Mahindra’s strategies and continue to build on the strong growth momentum demonstrated by the company."
Mohit Joshi, on his appointment said, “Tech Mahindra’s growth journey has been remarkable. I am delighted to be joining the Tech Mahindra family and look forward to working closely with all the associates, partners, and customers to achieve new milestones, make a positive difference and #Risetogether.”