IT services company Tech Mahindra today announced the appointment of former Infosys President Mohit Joshi as its Managing Director (MD) & Chief Executive Officer (CEO) designate.

Joshi will replace CP Gurnani, Tech Mahindra’s current CEO and MD, who is set to retire on December 19, 2023.  He will join Tech Mahindra well before that date to allow for sufficient transition time, the company said in a statement.

At Infosys, Joshi was Head of the Global Financial Services & Healthcare and the Software businesses, which included Finacle (the banking platform) and the AI / 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 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 and building thriving businesses. He has been a Non-Executive Director at Aviva Plc since 2020 and is a member of its Risk & Governance and Nomination committees.

In 2014, he joined the Young Global Leader program at the World Economic Forum, Davos and is also a member of Young Presidents Organization (YPO).  Previously, Joshi has also held the office of the Vice Chair of the Economic Growth Board of the CBI (Confederation of British Industry).

Prior to joining Infosys in 2000, Joshi worked with ABN AMRO and ANZ Grindlays in their Corporate and Investment bank. Joshi 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 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.

“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,” added Joshi.