A major organisational reshuffle will see Tech Mahindra leader Harshvendra Soin relocate to Australia to lead a consolidated Asia Pacific and Japan unit.
Harshvendra Soin, the chief people officer and global marketing head of Indian IT consulting and services giant Tech Mahindra, is set to relocate to Australia to lead the freshly merged Asia Pacific and Japan practice.
The internal merger is part of a major organisational reshuffle directed by incoming chief executive Mohit Joshi, with the aim of sharpening the firm’s strategic focus and broadening leadership responsibilities to boost financial returns.
Coming into effect from the beginning of next year, the changes will see Tech Mahindra’s business organised around six core strategic units, which in addition to the merged Asia Pacific and Japan region include three lines in the US and a unified European practice, with India to be separate.
As part of the restructure, Joshi also announced numerous top-level leadership changes, including the promotion of Soin to head up a joint Asia Pacific and Japan.
His move to Australia won’t however be his first international posting. Having now spent just over a decade at the firm, Soin was elevated to his current role overseeing people, marketing, and corporate services in mid-2019, before which he served as head of Tech Mahindra’s Canadian enterprise business based out of Toronto. According to reports, Soin will continue to lead the firm’s people function in addition to his fresh Asia Pacific and Japan responsibilities.
It remains unclear what the flow-on effect will be as to the merged Asia Pacific and Japan region and further senior leadership changes.
Vivek Agarwal, the current president of enterprise for the Asia Pacific, India and Japan, will be overseeing firm-wide strategy & transformation, while Ketan Panchal presently serves as head of the firm’s Communications, Media, and Entertainment (CME) division across the APAC region based out of Melbourne.
The firm’s reliance on its CME business – making up around 40% of Tech Mahindra engagements – has been a sticking point of late, with the sector subject to ongoing constraints and a consequent reduction in consulting spend. Soin himself has in recent months flagged the firm’s efforts toward diversification with a greater focus to be placed on the healthcare, manufacturing, and banking, financial services, and insurance segments.
In addition to the renewed market strategy and personnel, Joshi, the former Infosys president who is expected to take over from long-running CEO CP Gurnani in December, also outlined some other structural rejigs, including the consolidisation and centralisation of its delivery, services lines and business functions for improved agility. Further, each of its divisions will now report directly to recently-appointed chief operating officer Atul Soneja.
“Historically, a lot of our capabilities were fragmented,” Joshi explained. “The design capabilities were sitting outside of the IT services organisation, the engineering capabilities were split into multiple units across the world, and our delivery was organised on a geographical basis, not a vertical one. I think this consolidation gives us a wonderful opportunity to streamline and focus while driving resilience, service line innovation, and margin improvement.”
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