Thompson Gnanam chaired as the new MD & global CEO in 3i Infotech


Thompson Gnanam chaired as the new MD & global CEO in 3i Infotech

3i Infotech has appointed Thompson Gnanam as the company's Managing Director and Global CEO, with immediate effect. Also, Mrinal Ghosh has been named as the company's Chief Financial Officer, while Avatar Singh Monga has been appointed as an Additional Director.


According to a regulatory filing, "As part of the sale of the product business of the company to Azentio Software Pvt Ltd under the business transfer agreement (BTA) dated December 28, 2020, Padmanabhan Iyer will move to Azentio Software. Accordingly, he has stepped down as Managing Director and global CEO and CFO (chief financial officer) of the company."


Pursuant to resignation of Iyer, Thompson Gnanam has been appointed as the company's MD and global CEO for a period of five years, subject to approval of the company's shareholders at its ensuing general meeting.


It said, "The Board has approved change in designation of Padmanabhan Iyer from MD and global CEO to a non-executive director, with effect from April 1, 2021, on account of the consummation of transactions contemplated under the BTA."


Gnanam has worked with global organizations such as Danaher, Hewlett Packard, Vodafone, Hexaware, TATA BSS, LEBARA MOBILE, and Conneqt Business solutions.


The filing noted that Avatar Singh Monga has been named as an Additional Director (designated as non-executive Independent Director) of the company for a term of five years effective April 1, 2021.


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