Bagchi will lead efforts in co-innovating with MindTree's customers while continuing to build the next generation of leaders
July 20, 2009 - Bangalore, INDIA
MindTree Ltd., a global IT Solutions company, today announced that its co-founder and Gardener Subroto Bagchi has been elected Vice Chairman of the Company by the Board of Directors in its meeting on July 20, 2009.
As Vice Chairman of MindTree, Bagchi will lead the efforts in co-innovation in collaboration with its customers. Bagchi's leadership will help MindTree create differentiated value add for its customers globally. He will also be the Chairman of MindTree's Innovation Council.
Bagchi will continue in his current role of Gardener where he helps shape future leaders of the Company. He has personally spent time with more than 100 MindTree leaders during the last 15 months, helping them expand their capacity and preparing them to steer the Company towards its stated Vision of becoming a $1 Billion organization by 2014. In addition, Bagchi has also worked at the grassroots by making himself available to the Communities of Practice that foster organizational learning, innovation and volunteerism. He spends time on MindTree's relationship with the educational community in India and abroad to create inroads of learning from unusual sources and take MindTree's learning to the world at large.
Prior to his role as Gardener, Bagchi was MindTree's Chief Operating Officer, in which capacity he was instrumental in developing MindTree's unique people practices, setting up a globally recognized Knowledge Management system and driving the Marketing function. He was also responsible for developing MindTree's campuses that resonate its rich culture and unique value system.
"Subroto played key role in bringing together the 10 co-founders of MindTree in 1999. During the last 10 years, he has immensely contributed towards shaping the foundation of MindTree. He was instrumental in setting up the physical, intellectual and emotional infrastructure that is based on MindTree's value system called CLASS," said MindTree Executive Chairman Ashok Soota. "We look forward to his expanded leadership in creating a differentiation that uniquely touches our people, customers, partners and society."
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
MindTree Ltd. is a global IT Solutions company specializing in IT Services, Independent Testing, Infrastructure Management and Technical Support (IMTS), Knowledge Services and Product Engineering, which comprises of R&D Services and Software Product Engineering. MindTree partners with its clients to create a transparent, value-based relationship. Our people build innovative solutions in a wide range of technology domains that enable our customers to succeed in their business goals.
MindTree was ranked 45th among the leaders in The 2009 Global Outsourcing 100 by the International Association of Outsourcing Professionals. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Great Places To Work Institute, Hewitt Associates and Mercer. MindTree was ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners for the second consecutive year in 2008. MindTree is the winner of the National Award for Excellence in Corporate Governance in India in 2007-08. The Company is publicly listed in India. Please visit us at www.mindtree.com.