Daily News

View All News

Syntel expands board of directors

July 16, 2014

Information technology service provider Syntel Inc. (NASD: SYNT) on July 13 elected two new members to the company’s board of directors, effective immediately, increasing the size of the company’s board from seven to nine members.

Syntel’s new board members are Syntel President and CEO Nitin Rakesh and Vinod  Sahney, professor of industrial engineering and operations research at Northeastern University.

In addition to his position at Northeastern University, Sahney is an adjunct professor of health policy and management at the Harvard University School of Public Health and previously served as chief strategy officer of Blue Cross Blue Shield of Massachusetts and Henry Ford Health System.

Rakesh was promoted to CEO of Syntel in April after serving as president — Americas since 2012. He also served as CEO and managing director of Motilal Oswal Asset Management Company Ltd., and led Syntel's KPO business from 2002 until 2008.

The appointments continue until the Troy, Mich.-based IT firm’s 2015 annual shareholders meeting. All members of the Syntel board of directors are subject to re-election by shareholders each year.