L&T Infotech see's major organisational change at top level

L&T Infotech, the information technology (IT) services and solutions subsidiary of Larsen & Toubro, is witnessing a churn at the top management. Vivek Chopra and Mukesh Aghi, the two chief executives who joined in 2011, have resigned.

Chopra, the chief executive of the industrial cluster, has left.

Aghi, responsible for the services cluster, will be leaving by the end of this month.  

The company acknowledged the exit of Chopra, but it did not comment on Aghi’s resignation. The firm announced the appointment of Rajat Mathur as the head of business for Asia-Pacific and West Asia.

All top executives at L&T Infotech report to V K Magapu, managing director of the company.

Meanwhile, L&T chairman A M Naik has already announced the listing plans for L&T Infotech. The company, which is at present $900 million in revenue, expects to tap the market by March of 2016. Along with the listing of L&T Infotech, the engineering services business unit called L&T Technology Services headed by Keshab Panda will also get listed.