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There is a significant leadership change happening at Syntel with Prashant Ranade being elevated to the role of Executive Vice Chairman and Nitin Rakesh taking over as the Chief Executive officer. Nitin has been instrumental in leading Syntel's KPO business in the past and the role change would obviously mean greater responsibilities for him and also possibly indicates the beginning of some strategic changes in the company.
The role change will be effective from April 21, 2014.
Nitin will move into the CEO and President role from his current position as President-Americas, Business Development and Near Shoring Center. Before rejoining Syntel, Nitin served as Chief Executive Officer...