Tech Mahindra Limited announced that former Infosys President Mohit Joshi has been appointed as Chief Executive Officer(CEO) of the Company and Key Managerial Personnel under the Companies Act, 2013, for a period of 5 (five) years with effect from 20 December, 2023 to 19 December 2028 (both days inclusive). Joshi will replace CP Gurnani, who is set to retire in December. Joshi resigned as president of Infosys after a 22-year stint at the country's second-largest IT firm.

He will be on leave and his last date with Infosys will be June 9. Joshi was responsible for financial services, healthcare and life sciences businesses at Infosys. He also served as the chairman of Edgeverve Systems, the IT firm's software and products arm that includes banking software Finacle. He also handled the company's internal technology and applications portfolio.

Joshi joined Infosys in 2000 and has since worked in different capacities for the firm. In his previous role, he was responsible for leading the financial services business in Europe. In 2007, he was appointed as CEO of Infosys Mexico and was instrumental in setting up the first subsidiary in Latin America.