Pune-based IT services major Tech Mahindra has announced Mohit Joshi as the MD and CEO designate of Tech Mahindra, who will take over the top job when CP Gurnani retires on December 19, 2023. “He will join Tech Mahindra well before that date to allow for sufficient transition time,” the company said.
Joshi will join Tech Mahindra from Infosys, where he was the President of the company. He has over two decades of experience in the enterprise technology software and consulting space and has worked with the largest corporations in the world driving digital transformation.
Joshi’s appointment puts to rest speculations in the industry that Tech Mahindra was evaluating for the top job internal candidates including Manish Vyas, president, Communications, Media & Entertainment, and CEO of Network Services; Lakshmanan Chidambaram, president of Tech Mahindra Americas; and Harshvendra Soin, global chief people officer and head of Marketing.
At Infosys, Joshi was Head of the Global Financial Services & Healthcare and the Software businesses, which included banking platform Finacle and the Artificial Intelligence or Automation portfolio. He also led Sales Operations and Transformation for Infosys and executive responsibility for all large deals across the company. He was also responsible for the company’s internal CIO function and the Infosys Knowledge Institute.
Joshi has been a Non-Executive Director at Aviva Plc since 2020 and is a member of its Risk & Governance and Nomination committees.
Prior to joining Infosys in 2000, Joshi worked with ABN AMRO and ANZ Grindlays in their Corporate and Investment bank. He has lived and worked in Asia, America, and Europe and currently lives with his wife and two daughters in London.
“Mohit’s appointment is the successful culmination of a rigorous selection process during which the Nomination and Remuneration Committee (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,” said T. N. Manoharan, Chairperson of the Tech Mahindra NRC.