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Subroto Bagchi Is The New Chairman of MindTree

Subroto Bagchi

Renowned IT company MindTree has appointed their new Chairman, Subroto Bagchi, who is among the one of the founders. The company appointed him after the retirement of Albert Hieronimus. Bagchi will continue on the new post April 1, 2012 onwards.

The management reshuffle was started after the unexpected resignation of Ashok Soota, another founder of the company and pushed the entire firm in crisis. “It is time now to have a leadership that combined with full-time executive involvement, and as a non-resident of India and a non-executive, I cannot offer this,” Mr Hieronimus said to the reporters at a press conference today.

Mindtree Logo

Mindtree Logo

“It is my job to be the part of board of the CEO and Managing Director and support the leadership team in large strategic issues, customers and investments,” Bagchi added. He also said that, the board has also decided to restructure the whole board of directors and will narrow down the numbers of directors from seven to five.

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