Bangalore, February 29, 2012: Subroto Bagchi is to be the new Chairman of Global IT and Product Engineering Services Company, MindTree from April 1. Dr. Albert Hieronimus will continue as Vice Chairman.
“MindTree is now poised for scaling greater heights. It is a time when visionary leadership requires to be combined with fulltime executive involvement. Subroto Bagchi is, clearly, the best man for the job in this next phase of growth, profitability and customer satisfaction” said Dr. Hieronimus. “I welcome Subroto in his new role and am confident that he will drive the company’s strategy, values and vision for the future.”
Bagchi said “We are grateful to Dr. Hieronimus and the Board of Directors for their strong support to MindTree over the years. It is an honor to be elected as Chairman of the Board of one of the most admired companies in the industry. Along with ( CEO and MD ) Krishnakumar’s support and the guidance by the Board of Directors, we will build an expertise-led and culture-backed organization focused on developing deep engagements with our clients and delivering superior, sustainable financial performance.”
A co-founder of MindTree, Bagchi has authored three business best-sellers: The High Performance Entrepreneur, Go Kiss the World and The Professional as Penguin Portfolio books. His current designation at the company has been Vice Chairman and "Gardener".