Infosys, a global leader in technology services & consulting, helps clients in more than 50 countries to create & execute digital transformation strategies.
Nandan Nilekani, the former CEO of Infosys, was on Thursday named as non-executive chairman and non-independent director of the IT giant.
Mr. Nilekani, one of the seven engineers who founded Infosys in 1981 and was its CEO from 2002 to 2007, will take over as non-executive chairman and non-independent director with immediate effect, the company said in a statement to stock exchanges.
Infosys said chairman R. Seshasayee, co-chair Ravi Venkatesan, former CEO Vishal Sikka and two other independent directors Jeffery S. Lehman and John Etchemendy have also resigned from the board, as the company tried to resolve the situation.
The appointment of Mr. Nilekani comes days after Mr. Sikka resigned, saying he was unable to serve as chief executive of the company.
Earlier, V. Balakrishnan, a former Board member, and ex-CFO had said that Mr. Nilekani (62) was “undecided” on whether to accept the promoters’ plea to join the board to ease the current stand-off between the management and co-founder N.R. Narayana Murthy.