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February 1, 2010

Syntel appoints new CEO, President

Prashanth Ranade to succeed Keshav Murugesh who resigned to pursue other opportunities

By CBR Staff Writer

Syntel, an information technology services and knowledge process outsourcing (KPO) firm, has appointed Prashant Ranade as chief executive officer and president, effective immediately.

Mr Ranade has been a member of Syntel’s board of directors since June 2007 and formerly served as president and CEO of Siemens Logistics & Assembly Systems. He has more than 30 years of leadership experience in global corporations coupled with knowledge in healthcare and life sciences, high-tech engineering and manufacturing, and supply chain and logistics automation.

Syntel’s former president and CEO, Keshav Murugesh, has resigned from Syntel to pursue other opportunities.

Bharat Desai, chairman of Syntel, said: Prashant is uniquely qualified for this role, based on his professional background and his knowledge of the company. I am confident that his global perspective, along with a strong focus on operational excellence and value creation will enable Syntel to make the leap to the next level.”

Prashant Ranade said that I am honored to accept this opportunity to lead Syntel. Syntel has a strong track record of delivering innovative solutions over the past three decades, and I look forward to building on this foundation to continue helping our clients win in the marketplace.”

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