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Mastek appoints Vijay Iyer as President of Americas to lead growth in the region

Posted On : 2023-03-02 22:43:29( TIMEZONE : IST )

Mastek appoints Vijay Iyer as President of Americas to lead growth in the region

Mastek (NSE: MASTEK; BSE: 523704), a turnkey & trusted digital engineering & cloud transformation partner, today announced the appointment of Vijay Iyer as President of Americas, effective February 24, 2023. He is based and will operate out of the US. Prior to joining Mastek, Vijay was an executive at Persistent Systems working as Senior Vice President of their Digital Transformation Consulting and Large Deals Business.

Vijay comes with over three decades of diverse experience across strategy development, marketing & sales, organizational development, advisor relationships, leading large deals and delivery. He comes with deep expertise in creating, growing & stabilizing new lines of business in industry verticals, Digital Engineering and Enterprise IT Services. Prior to Persistent, Vijay has worked in several leadership roles with global organizations like HCL Tech & DXC Technology, Hexaware Technologies and Cignex Datamatics Inc. Vijay is also passionate about giving back to the society and runs a non-profit charitable organization, The Iyer Foundation Inc. that is focused on enabling children to develop interest in Science, Technology, Engineering, Arts & Math.

Vijay will be driving the entire Americas business P&L leveraging Mastek's differentiated portfolio of offerings in Cloud, Enterprise IT and Digital Engineering and Experience. As part of the previously announced role of Prameela Kalive as COO, Oracle global delivery is completely integrated in last 12 months and now operate as part of One Mastek aligned to each of our regional P&L units: Americas, UK & Europe, and AMEA.

In his new role, Vijay will succeed Umang Nahata. Umang will not be able to transition to the US due to personal and family priorities. We thank Umang for his leadership and he will continue to be vested in Mastek as a shareholder.

Speaking on the appointment, Mr. Hiral Chandrana, Global CEO, Mastek Group said, "Vijay comes with extensive experience in driving revenue and value creation for clients in global IT services organizations. I look forward to Vijay's leadership as we accelerate growth from account mining, large deals and focused vertical go-to-market motions in Healthcare, Manufacturing & Tech, and Retail/Consumer industries in Americas."

"I am thrilled to join Mastek which has a strong lineage in digital platform engineering and enterprise IT services" said Mr. Vijay Iyer, President Americas, Mastek. He further added, "In a changing global environment, C-Level Executives are looking for partners who can optimize cost and at the same make business more nimble and agile to their customers. Mastek's outcome based, risk-sharing models, and industry first approach allows it to deliver tangible business benefits to customers with trust, value, and velocity and I'm looking forward to the journey ahead."

Vijay is an engineering graduate from Birla Institute of Technology & Science (BITS), Pilani. He has been part of executive programs from Harvard Business School.

Shares of Mastek Limited was last trading in BSE at Rs. 1668.65 as compared to the previous close of Rs. 1671.25. The total number of shares traded during the day was 2025 in over 427 trades.

The stock hit an intraday high of Rs. 1671.25 and intraday low of 1652.00. The net turnover during the day was Rs. 3363046.00.

Source : Equity Bulls


Mastek INE759A01021 Appointment President Americas