Nandan Nilekani appointed Infosys Chairman


Nandan Nilekani was appointed the chairman of Infosys, which had plunged into crisis after Vishal Sikka resigned from the post of MD and CEO.

Succumbing to pressure from co- founders and a clutch of investors, Infosys today named former CEO and Aadhaar-architect Nilekani as its new chairman, replacing R Seshasayee.

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

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 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.

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

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

SIkka had blamed personal attacks as one of the reasons for his resignation.

In his resignation email, Sikka said, “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks. Allegations that have been repeatedly proven false and baseless by multiple, independent investigations. But despite this, the attacks continue, and worse still, amplified by the very people from whom we all expected the most steadfast support in this great transformation. This continuous drumbeat of distractions and negativity over the last several months/quarters, inhibits our ability to make positive change and stay focused on value creation.”


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