Nandan Nilekani Appointed Chairman Of Infosys Board

Nandan Nilekani has been appointed as the non-executive, non-independent director and the chairman of the board of directors of Infosys.

Outgoing Chairman R Seshasayee, who stepped down from the board today (24 August), said, “Nandan is the ideal leader for Infosys at this stage in the Company’s development. His appointment will allow Infosys to focus on the strategic changes it needs to make in order to capitalize on the attractive opportunities in the years ahead. Under Nandan, Infosys will build a cohesive management team that will no doubt take the Company to a leadership position in the industry. I believe these changes will infuse further confidence to the stakeholders in executing the transition plan and in reinforcing the strategy for the future. I am confident our employees and customers will join me in welcoming Nandan to the Company.”

The board of directors also accepted the resignations of Vishal Sikka as the executive vice chairman and Jeffrey Lehman and John Etchemendy as directors.

Nilekani is one of the co-founders of Infosys and served as its chief executive officer from 2002 to 2007.