Nilekani rejoins Infosys as Chairman

Published Date: 25-08-2017 | 7:06 am

Infosys has named former CEO and Aadhaar-architect Nandan Nilekani as its new chairman, replacing R Seshasayee.

The move seems to be the result of pressure from co- founders and a clutch of investors.

Ravi Venkatesan also resigned as co-chairman, but will continue as an independent director, media reports said.

Vishal Sikka, who quit last week as CEO but was made vice-chairman till his successor was appointed, also quit the board with immediate effect, the company said in a statement after its board meeting, the reports said.

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The board shake-up meets a key demand of the founder group led by N R Narayana Murthy, who had demanded a clean-up at the country’s second largest software services firm, they added.

Two independent directors — Jeffery S Lehman and John Etchemendy — also resigned from the Infosys board with immediate effect, reported PTI.

The crisis had been brewing at Infosys since Sikka abruptly resigned last week, blaming founders for slander it added.

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