ASM New CEO For SatyamComp
Govt had appointment chief executive officer (CEO) for the scam-tainted Satyam Computer Services, the government-nominated board today appointed A S Murty, a Satyam veteran of 15 years, for the top job with immediate effect
The board, chaired by C Achuthan, also appointed Homi Khusrokhan — former managing director of Tata Chemicals — and Murugappa Group’s former director (finance) Partho S Datta as special advisors to the board to help in management and finance respectively.
"I have no misgivings about the enormity of the task in front of us, but together with my colleagues, I am confident we can accomplish the impossible. We will chart a precise and practical 30–60–90 day plan that will encompass and address the interests of all stakeholders," Murty (known as ASM) said.
The special advisors, along with Boston Consulting Group, will work pro bono and help the newly-named CEO and the board in defining priorities and executing them effectively, stated a company release.
"Having led large organisations before, I expect this opportunity to be a singularly enriching experience and I look forward to contributing my mite to this noble task," Khusrokhan said on his new role as the special advisor to Satyam.
