CP Gurnani, CEO of Tech Mahindra, wants to move from captain to coach after his retirement

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Tech Mahindra chief CP Gurnani wants to transition from a long-serving captain in the IT industry to a ‘coach’ after his retirement in December of this year. The Nominations and Remuneration Committee has extended Gurnani’s term until December 19, 2023 as it appears to be working on Gurnani’s succession plan.

While he did not disclose further details about the succession plan, sources have indicated that internal candidates — Jagdian MitraManic Vyas, Lakshmanan Chidambaram are among the top contenders for the post.

Jagdish Mitra currently serves as Chief Strategy Officer and Head of Growth, having been with the group for 30 years; Vyas is President, Communications, Media and Entertainment Business, and CEO, Network Services and has been with the company for 23 years and Chidambaram, currently President for Tech Mahindra America and has been in operation since December 2012.

Gurnani said the succession plan will be finalized by the committee according to the company’s corporate governance standards.

“I’ve been doing the same job for a long time. I became a CXO at age 38 and am now retiring at age 65. All I’m trying to say is that I’ve been a captain for a very long time. I will become a coach. I will no longer be a playing captain,” said Gurnani.

Gurnani, one of the longest-serving CEOs in the technology sector, told PTI that he would like to see the other side of the world and pursue things that are close to his heart.

“I’ve been one of the technology industry’s longest-serving CEOs. I think it’s fair that I get to see what the other side of the world looks like and I’m not talking about travel. I’m talking about a few things that I always I’ve wanted to do in life. It’s also good for the company that we get a new leader because a little bit of rotation is like getting more oxygen in the system,” said Gurnani.

Speaking on business, Gurnani said Tech Mahindra will continue to deepen its presence in Japan and Europe and look at opening delivery centers closer to its employees’ homes.

“I have always been a great admirer of Japan, I will continue to create much deeper business interest in Japan. Frankly, I think Europe now offers a great opportunity. Because Europe in general has felt the impact of the war.

“The war has been closest to them. Every individual in Europe has paid a price through inflation and higher energy bills. I believe some of our cost transformation initiatives would be very helpful to European customers. So my focus will be on Japan and Europe ,” he said.

Gurnani said that the technology sector has matured and they have continued to serve their consumers, businesses, companies and companies around the world by not taking a position.

“The only area where there has been any talk is organizations that weaponize cyber-attacks,” Gurnani said, but declined to disclose further details.

When asked about a broad strategic action plan the company plans to implement this year, Gurani said Tech Mahindra will look at distribution centers across the country and near the homes of its employees.

“We continue to make technology investments in the future of technology. Right now it’s AI, cloud, metaverse and we’ve already started investing in quantum computing. We want to be ahead of the game. There are some of our products that I think will do a lot commercialize better,” Gurnani said.

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