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Vineet Nayyar

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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

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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

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Government and Worldbank

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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

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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

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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

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  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
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