Leadership rejig at Satyam, Murthy new CTO

Written by Corporate Bureau | New Delhi, Hyderabad | Updated: Jul 2 2009, 02:24am hrs
Fraud-hit Satyam Computer Services (now Mahindra Satyam), which had announced key management changes last week has carried it forward with a rejig of some of its key C-level leadership positions. AS Murthy, who was appointed as the CEO of the company by the government-nominated board of the company before it was acquired by Tech Mahindra would now take over as the chief technology officer.

He would be responsible for technology competency and innovation in the company along with creation of technology assets and IP. Murthy would also lead the companys specialised services like engineering, consulting and infrastructure management services.

On Tuesday last week, Satyam had announced the change in its brand identity by naming it Mahindra Satyam and had appointed CP Gurnani as its CEO along with appointing Subramaniam Durgashankar as its chief financial officer who was earlier vice-president for mergers and acquisitions at Mahindra & Mahindra.

According to the latest changes in management, Rakesh Soni and Atul Kanwar will all move to Satyam from Tech Mahindra. While Soni will take over as the chief operating officer and will head the delivery for the manufacturing, BFSI, emerging verticals and strategic accounts, Kanwar will head the business development and operations for the regional business groups (Europe, Australasia, Middle-East, Africa and India). A Satyam old hand Manish Mehta will head the delivery for these businesses. Soni was earlier COO of Tech Mahindra and Kanwar was its chief business development officer. The company has also announced some changes in its organisation design and has integrated its sales and delivery into a two-in-a-box collaborative model wherein its sales and delivery teams, which used to function independently, will now be working as one team. This move is aimed at eliminating duplication in roles, simplifying the organisation structure along with creating a greater focus towards client delivery.

The other changes in its leaderships positions announced on Tuesday include Keshab Panda as head of business development and operations for manufacturing, BFSI, emerging verticals and strategic accounts, TR Anand as head of business development and operations for telecom, media & entertainment, tech infra and semiconductor verticals in addition to channel business through alliance partners, and Tech Mahindra and new technology companies. Ravi Bommakanti will head the delivery for these businesses. Hari T will handle the dual role of chief people officer and continue as the chief marketing officer of the company.

In a related development, six months after government appointed its six nominees on the board of Satyam, the centre is expected to move the Company Law Board (CLB) this week for recalling these directors to hand over effectively the management to the new owner of IT firm, Tech Mahindra. According to an agency report, the ministry of corporate affairs may move CLB on Wednesday for recalling the nominee directors as the job of the government is over in the company.

With a new image makeover, Mahindra Satyam is working on a series of organisational changes and initiatives aimed at sustaining the recovery and positioning of the company for long-term growth. The key aspects of the new organisation design include integrating sales and delivery into a two-in-a-box collaborative model, strengthening industry verticals, regional focus, competency groups, aligning business consulting capabilities and rationalising support functions into logical groups. The new structure aims at simplifying the organisation design in line with the proposed business plans and eliminates duplication in roles, while ensuring minimal disruption in customer facing leadership.

Customers will now be served by a single integrated business unit that combines both relationship and delivery responsibilities and is dedicated to their specific needs. This model is expected to increase account focus and responsiveness, reduce overheads, and improve customer delight.