The members are: Deepak S. Parekh, chairman of HDFC Bank, Kiran Karnik, former President of NASSCOM and C. Achuthan, director at the National Stock Exchange, former member of SEBI, and former chairman of Securities Appellate Tribunal.
“Satyam welcomes this key development, which will ensure the company’s continued operations, help maintain customer confidence and associate morale, and restore investor trust,” a company spokesman said.
“The new members are eminent and accomplished leaders, recognised in India and around the world for their expertise in finance, law, administration and the IT services industry.
“Satyam’s leadership team has complete confidence in them, and pledges to work closely and in full cooperation with the new board,” the company spokesman added.
Satyam is a business and information technology company, delivering consulting, systems integration, and outsourcing solutions to clients.
Satyam appoints new Board of Directors
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