NIIT founder and
chairman Shiv Nadar has stepped down as chairman of the company and has
passed the baton on to Rajendra Pawar, the vice-chairman and MD. Mr Pawar
will now be the executive chairman of NIIT.
The change will take place officially at
the board meeting scheduled for October. This decision follows the recent
elevation of Vineet Nayyar as chairman of another company promoted by Shiv
Nadar, HCL Comnet. Mr Nadar, in his communication, has said: "I am
certain that he (Mr Pawar) will take NIIT to new global heights and make
it one of the finest corporations in the world." According to company
sources, Mr Nadar will not hold any position in NIIT but will remain a
shareholder in the company.