Happiest Minds Technologies Limited announced the re-appointment of Ashok Soota as Whole-time Director designated as Executive Chairman of the company, with effect from April 1, 2024.
According to the company’s exchange filing, “Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, we wish to inform that, based on the recommendation of the Nomination, Remuneration and Board Governance Committee, the Board of Directors of the Company in its Meeting held on January 17, 2024 has approved the re-appointment of Mr. Ashok Soota (DIN: 00145962) as the Whole-time Director of the Company, designated as Executive Chairman, for a term of five (5) years with effect from April 01, 2024 to March 31, 2029 subject to the approval of shareholders of the Company.”
Ashok Soota, Executive Chairman of Happiest Minds Technologies Limited, is widely recognized as one of the pioneering leaders of the Indian IT industry. As a serial entrepreneur, he has led both companies where he was founding Chairman to very successful IPOs: Happiest Minds (2020) and MindTree (2007).
Ashok has been the President of Confederation of Indian Industry (CII), a member of the Prime Minister’s Task Force for IT and was on the Advisory Council for the World Intellectual Property Organization, Geneva. He is a Fellow of INAE and CSI and on the Board of Governors of Asian Institute of Management (AIM), Philippines. He is a recipient of multiple awards for IT Person of the year (Dataquest and Elcina) and Lifetime Achievement (Financial Express, Dataquest and Chiratae Ventures, earlier IDG) and ICSI Lifetime Achievement Award for Translating Excellence in Corporate Governance into Reality for the year 2022.
In April 2022, Ashok announced the creation of Happiest Health, a knowledge, health & wellness enterprise. In April 2021, he launched SKAN, India’s first private sector, non-profit organization exclusively dedicated to carry out medical research on ageing and neurological disorders. SKAN’s areas of expertise include stem cells, gut microbiome, molecular biology and bioinformatics. SKAN has recently signed collaboration agreements with Cambridge University for stem cell research and Quadram Institute of Biosciences in UK for gut microbiome. He also established in 2011 Ashirvadam, a Trust for environmental projects and assistance to the needy. Ashok has been included in Forbes’ Asia Top 15 list of philanthropists in 2022.
Ashok holds a bachelor’s degree in Electrical Engineering from University of Roorkee (now IIT, Roorkee) and an MBA from the Asian Institute of Management, Philippines.
Ashok is co-author of the national bestseller – “Entrepreneurship Simplified: From Idea to IPO”. He has recently co-authored another book, ‘Busted’ which seeks to challenge many management myths and commonly accepted wisdom.
His hobbies include trekking, the outdoors, yoga, taichi, meditation and swimming.
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