R Ramanan appointed as Managing Director and Chief Executive Officer
Delhi, December 17, 2003

Mr Ramanathan Ramanan has been promoted as the managing director and chief executive officer, CMC Ltd succeeding Mr S S Ghosh, who retired on December 12, 2003 after completing his term. Ramanan has been associated with CMC Ltd since 2001 as the deputy managing director and chief operating officer.

An electrical engineer from IIT Mumbai, Ramanan has shouldered several responsibilities in India as well as global markets in a career spanning over 20 years. He started as a software engineer in Tata Consultancy Services and soon grew in rank as project leader, a group leader and an overseas regional manager representing TCS in the USA.

During his tenure as regional manager, TCS America, he was responsible for the major growth of TCS' business in the United States and the initiation of strong relationships with several multinational organisations. Ramanan returned to India and in July, 1996 was appointed as the head of the Bangalore branch of TCS, focussing on financial services and telecom industry practice. Under his stewardship, TCS Bangalore grew from 250 consultants to over 2000+ consultants. He was responsible for implementing various quality initiatives in TCS Bangalore, which is operating at SEI CMM Level 5 and is an ISO 9001 certified delivery centre.

Ramanan has also been responsible for a number of strategic business development initiatives of TCS in the Asia Pacific region including Australia, New Zealand and China. Following the purchase of 51 per cent of CMC Ltd by Tata Sons, Ramanan was inducted on the board of CMC Limited in October, 2001 as director and chief operating officer. In the last two years, Ramanan has focused his energies on leveraging the strong intellectual assets of CMC especially in global markets. He has been responsible for CMC's forays into international markets through enhanced integration with TCS.

Ramanan has also been leading CMC's quality initiatives, which resulted in SEI-CMM Level 5 certification for its development centre. He also continues to play a key role in the strategy group at TCS especially in the area of organisational synergies and is a strategic member of the TBEM initiative with special focus on "Customer market focus".

Mr Ghosh retires from CMC Ltd. after a successful career in the company spanning over 25 years. He has served CMC as divisional manager / general manger in the eastern and western regions. He steadily rose to become the executive director-customer services, a strategic business unit of CMC. He was inducted on the board of CMC as director (technical) in early 1996. He was appointed as chairman and managing director of the company in July 1998 and redesignated as managing director and CEO in October, 2001.

About CMC Ltd
Founded in 1975, CMC is one of the premier information technology solutions providers in India, with a consolidated turnover of Rs 679 crore for 2002-03. Operating out of 18 offices and more than 150 service locations in the country, CMC Limited employs over 3,300 people and has a wholly-owned subsidiary in USA called CMC Americas, Inc

CMC's vision is to operate globally and bring the benefit of information technology to improve the productivity of its customers and the quality of its customer's products and services. CMC combines horizontal expertise in information technology with its vertical experience developed by working in a wide range of industries. After the successful disinvestment of CMC by the government of India, CMC has become part of Tata group and is closely working with TCS, Asia's largest software company.

Contact
Head Corporate Communication
PTI Building,
5th Floor, 4 Sansad Marg
New Delhi - 110 001
Tel: 91-11-23736151-8
Email: svr@cmcltd.com