Anil Kumar, senior vice-president of the scam-hit Satyam Computer, has been sacked by the new board of the company.

Also Read   News Now Paper Specials - Sensex ends up 130pts - Bihar govt issues legal notice to RIL - No word from Tata on Singur land compensation: govt - Insurance sector to see 10% growth in 5-6 year: IRDA - LSE cancels automatic trades in RIL depository receipts More     Also Read   News Now Paper Specials - Bank rates go down in spite of RBI signal - IAF orders more Tejas LCAs to replace MiG-21s - Obama-Singh to run last mile on nuclear deal - RIL may fuel India Inc's overseas M&A drive - Medicis takes Lupin to US court on patent charge - Suzlon shifts global HQ ops back to India More   Also Read   News Now Paper Specials   - Q3 FY09 Results: Earnings Season - Saving Satyam: Govt gets into action - India-Pakistan Tensions: Fallout of Mumbai Terror Attack - Your Money: Where to invest - Market Crash: Global worries weigh - Time Out: Books, fashion, food, travel, sports, health...  More

Confirming the development, a Satyam spokesperson said Kumar was based in the US, handling the banking, financial services and insurance (BFSI) vertical that accounts for about 20 per cent of the company’s overall revenues.

Kumar was reporting to Ram Mynampatti, president (North America) and former interim chief executive officer of Satyam. He is the first member of the company’s leadership council to be sacked.

“The new board has not cited any reasons for this decision,” the spokesperson said.

On February 14, Satyam’s Senior Vice-President and Global Head (Manufacturing and Automotive Group) Subu D Subramanian called it quits to pursue personal interests. The manufacturing and automotive vertical also contributes about 20 per cent to the firm’s revenues.

Satyam, in an internal newsletter on Monday said that MAG was now being headed by Keshab Panda.

Other Stories      - Sensex ends up 130pts - Govt mulls to raise spectrum charges from next year - NTPC seeks govt help to ensure RIL gas supply - Kaya to invest Rs 100 cr on expansion - Govt to do away with lock-in period for FDI in realty More

Tags : Satyam | banking | financial services and insurance (BFSI) Ram Mynampatti | Subu D Subramanian   Read Business news in  Advertisements   Get financial advisory and solutions for your projects   Holidays starting at a delightful EMI of Rs 3481   Switch on and say hello to Monday morning !   Your dream home can now be a reality.   Visit Fortis for a preventive health check-up & get a 20% discount.   Follow the ups and downs of your investments. Try our new Portfolio Tracker   Kolkata Dock \ Freight contract for the British Gurkhas Nepal   Find how Midsize Businesses use ERP to gain competitive advantage   Trading in Forex is now as easy as 1-2-3   Discover an economical and cost effective way to market your products and services   Giftwithlove.com: Same day delivery of Flowers and Cakes to India   Download the E-book on the Future of Business Intelligence   Learn Best Practices for improving customer satisfaction   Know your customers better... download the free e-book on CRM