Three shortlisted for Satyam CEO, CFO

The names have been shortlisted for the posts of chief executive officer and chief financial officer in fraud-hit Satyam Computer Services, the new board announced today. The selections will be taken next week.Special Coverage

Published on: Jan 23, 2009, 18:24:15 IST

IANS | By HT Correspondent, Hyderabad

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Three names have been shortlisted for the posts of chief executive officer and chief financial officer in fraud-hit Satyam Computer Services, the new board announced on Friday. The selections will be taken next week.

In a communication to the Bombay Stock Exchange (BSE), the board said that funding arrangements for Satyam, hit by a Rs.70 billion ($1.43 billion) scam, is in final stages and will be announced before Jan 28.

The new board told the BSE that the new CEO will be a leader of global standing and recognition.

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