iGATE today announced the successful completion of Patni acquisition and appointment of Phaneesh Murthy as CEO of Patni.

Consequently, Jeya Kumar has stepped down as the CEO of Patni.

As a consequence of the acquisition, the Board at Patni has been reconstituted.
Jai Pathak will be Board Chairman, Phaneesh Murthy the CEO. Shashank Singh, Co-Head of Apax India and G�ran Lindahl, Member of iGATE Board are the new directors with existing members Vimal Bhandari and Arun Duggal continuing as independent directors.

Surjeet Singh, CFO, Patni, would continue in office until May 31, 2011 and then step down when the Board expects to appoint a new Financial Officer.