Vineet Nayyar

Vineet Nayyar
Born1938 (1938)
Died (aged 85)
New Delhi, India
NationalityIndian
CitizenshipIndia
Alma materWilliams College
OccupationVice-Chairman of IL&FS
Known forVice-Chairman and Managing Director of Tech Mahindra, Chairman of Mahindra Satyam, Executive Vice-Chairman of IL&FS
SpouseReva Nayyar

Vineet Nayyar (1938 – 16 May 2024) was an Indian businessman and IT executive who was Vice-Chairman, Managing Director and CEO of Tech Mahindra, and chairman of Mahindra Satyam. He was also the Vice-Chairman of IL&FS.[1]

An accomplished leader, he led several organizations across industries, creating high performance teams and successful businesses. In a career spanning over 40 years, he worked with the Government, international multilateral agencies and the corporate sector (both public and private).

Early life and education

Nayyar was born in 1938 in Lahore, British India.[2] His family relocated to India at the time of independence.[2] He had a master's degree in development economics from Williams College, Massachusetts.

Career

Government and Worldbank

Nayyar was an IAS officer in Haryana cadre[3] servicing as a district magistrate, Haryana's rural development secretary and director at the department of economic affairs.

World bank article with a short bio about Vineer Nayyar from 1985

In 1977, he was deputed to the World Bank where he worked for over 10 years in its energy and infrastructure divisions.[4]

Private Sector

He moved back to India to be founding chairman and managing director of the state-owned Gas Authority of India from 1987 to 1991.[3]

  • HCL Group
    • Founder and MD of HCL Perot Systems / Perot Systems India (HPS) from 1996 to 2005.
    • Vice Chairman, HCL Technologies
    • Vice Chairman, HCL Corporation
  • Mahindra Group
    • Chairman of Mahindra Satyam in 2009.[5]
    • Vice Chairman of Tech Mahindra
    • Executive Vice Chairman of IL&FS

Personal life and death

Vineet Nayyar was married to Reva, a retired IAS officer from the 1968 batch from the Haryana cadre. She was inducted as a part-time non-official Director on the Board of BHEL w.e.f. on 22 June 2009. She runs the Essel Social Welfare Foundation.[6][7][8] Vineet Nayyar died in New Delhi on 16 May 2024, at the age of 85.[9][10]

References

  1. ^ "CS Rajan appointed MD of IL&FS, Vineet Nayyar named Executive Vice-Chairman". moneycontrol. Retrieved 5 April 2019.
  2. ^ a b "Dealmaker Vineet Nayyar's M&A strategy transformed Tech Mahindra". Business Today. 22 December 2015. Retrieved 17 May 2024.
  3. ^ a b Bureau, BL Hyderabad (16 May 2024). "Vineet Nayyar, a true renaissance man". BusinessLine. Retrieved 20 May 2024. {{cite web}}: |last= has generic name (help)
  4. ^ Majumdar, Shyamal (20 January 2013). "Newsmaker: Vineet Nayyar". Business Standard. Retrieved 5 August 2019.
  5. ^ TNN (10 December 2009). "Vineet Nayyar is Mahindra Satyam's chief". The Times of India. Archived from the original on 16 June 2012. Retrieved 5 August 2012.
  6. ^ Venugopal, Veena (27 August 2009). "Vineet Nayyar | A veteran on the treadmill". mint. Retrieved 16 June 2021.
  7. ^ "Mrs. Reva Nayyar - Bal Sahyog Chairperson Profile". balsahyog.org.in. Retrieved 16 June 2021.
  8. ^ "His mantra is education for the underprivileged". @businessline. 10 March 2010. Retrieved 16 June 2021.
  9. ^ "IAS officer-turned-IT industry leader Vineet Nayyar dies at 85". Economic Times. Retrieved 17 May 2024.
  10. ^ Vineet Nayyar, former Vice Chairman of Tech Mahindra passes away at 85