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Ravi Venkatesan Quits As Infosys’ Independent Director

An independent director since 2011, Venkatesan also served briefly as co-chairman before successfully transitioning this responsibility when Nandan Nilekani became chairman in August 2017.

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Infosys' independent director Ravi Venkatesan has resigned from the board with immediate effect, the company said on Friday.
Ravi Venkatesan quit as Infosys' independent director, wikimedia commons

Infosys’ independent director Ravi Venkatesan has resigned from the board with immediate effect, the company said on Friday.

The Bengaluru-based IT major, in a statement, said that Venkatesan plans to pursue an “exciting new opportunity”.

“I joined the board at a time when Infosys was beginning the complex journey of transitioning from founder-led to professional management. This was also a time of tectonic industry shifts. I am pleased that this mission has been accomplished. Infosys is strong, in good hands, and is gaining momentum,” Venkatesan said.

Infosys' independent director Ravi Venkatesan has resigned from the board with immediate effect, the company said on Friday.
Infosys Logo, wikimedia commons

An independent director since 2011, Venkatesan also served briefly as co-chairman before successfully transitioning this responsibility when Nandan Nilekani became chairman in August 2017.

It may be recalled that India’s second largest IT exporter, Infosys, had seen protracted stand-off between its founders led by NR Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.

The tussle had led to the sudden resignation of the then CEO Vishal Sikka last year.

Salil Parekh joined the Bengaluru-based company as the new CEO in January this year. (IANS)

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Infosys Relying on Automation for Digital Transformation of Their Clients’ Business

Infosys using automation to transform clients’ business: Nilekani

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Office building of Infosys.

Renewing legacy systems but discarding legacy mindsets, India’s global software major Infosys is relying on automation for digital transformation of their clients’ business, Chairman Nandan Nilekani said on Saturday.

“We are relying on extreme automation to free up our people to focus more on solving client challenges, mentoring their teams and investing in learning for digital transformation of their business,” the firm co-founder said at the company’s 38th Annual General Meeting here.

Addressing shareholders, the board of directors and employees, Nilekani said the management was working to dissolve silos across its global operations to ensure its clients have instant access to ideas emanating from Infocions so as to leverage their best when they interact with them.

Employees queue up infront of Infosys office.

“The novel approach means focusing on personal growth, nurturing zero-latency in processes, ensuring just-in-time data for decision-making, driving hyper-productivity and facilitating learning to instil new patterns of behaviour,” he said.

As its global clients were operating in a complex world, disrupted by many digital technologies, he said they were looking at the company to partner with them in the new digital era.

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“Our work across industries, value chains and geographies gives us keen insights into the pattern of changes transforming the fundamental wiring across a diverse set of businesses. We know that with this understanding, we are uniquely positioned to assist our clients in picking the right signals and to discover what’s next,” he asserted. (IANS)