Kiran Karnik has decided to step down from his role as
president, Nasscom and a search process has been initiated
for a successor.
turned 60 this year and took the decision in keeping with
Nasscom''s aim to become institutionalised through appropriate
structures, systems and processes for which well-defined
HR policies have been laid down. These include a retirement
age of 60 years.
took over the industry body after the sudden demise of
Dewang Mehta in 2001.
search effort is under the overall leadership of Harish
Mehta, former chairman of Nasscom and chairman of Onward
Technologies, with the involvement of Karnik and senior
is expected to stay on for around 6-8 months before his
successor takes over and later step into an advisory role.
Under Karnik''s leadership, the IT-ITeS industry registered
strong growth, with a 10-fold growth in the last 10 years.
It is already India''s top exporter, and well on track
to achieve the target of $60 billion exports in 2010.
has meanwhile announced the appointment of Lakshmi Narayan,
who is the vice chairman on the board of directors of
Cognizant Technology Solutions, as Nasscom chairman and
Ganesh Natarajan, deputy chairman and MD, Zensar Technologies
as vice-chairman for 2007-08.