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Ashok Soota resigns from Mindtree

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PCQ Bureau
New Update

Mindtree Ltd is a mid-size software services company which is a global IT and product engineering services company. Mindtree today announced that the Board of Directors met this morning and accepted the resignation of Ashok Soota, who was the co-founder and executive chairman of Mindtree, effective from 31 March, 2011. The Board of Directors also decided that the new Chairman will be elected when the Board meets in April 2011.

MindTree is ranked 13th in NASSCOM's listing of the Top IT Software and Services Exporters in India (excluding BPO). It was ranked No. 2 in Asia and declared the overall winner in India in the Asiamoney Corporate Governance Poll for 2009. It is ranked 19th amongst IT services companies by IAOP in their annual list of the Top 100 Global Outsourcing Companies.

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