Manoj Bhat's appointment comes in the backdrop of the current Deputy Managing Director and Group CFO of the Mahindra Group, Anish Shah slated to take over as Managing Director and Chief Executive Officer from April 2, 2021, replacing the incumbent Pawan Goenka who will retire.
Vineet Nayyar, Vice Chairman of the company, said Brexit won't impact Tech Mahindra's performance in the long-term.
CP Gurnani, MD and CEO, Tech Mahindra, says retail, enterprise and manufacturing businesses did well this quarter while de growth in communications and Banking, Financial services and Insurance (BFSI) affected the company's performance.
Kulkarni has been serving the company as its senior vice president for finance till now and will take charge as the new CFO with immediate effect, the firm said in a filing to the BSE.