Bangalore: Syntel, a global information technology services and Knowledge Process Outsourcing (KPO) firm, has announced that the company has appointed Prashant Ranade to the positions of Chief Executive Officer and President, effective immediately. "I am honored to accept this opportunity to lead Syntel," said Ranade. "I look forward to building on this foundation to continue helping our clients win in the marketplace." Prashant has more than 30 years of leadership experience in large global corporations coupled with deep knowledge in healthcare and life sciences, high-tech engineering and manufacturing, and supply chain and logistics automation. He has been a member of Syntel's Board of Directors since June 2007 and formerly served as President and CEO of Siemens Logistics & Assembly Systems. "Prashant is qualified for this role, based on his professional background and his knowledge of the Company. I would like to thank Keshav for his immense contribution to Syntel, and we wish him the best in his future endeavors," said Bharat Desai, Syntel's Chairman.