Saturday 12 May 2018

Infosys independent director Ravi Venkatesan quits to pursue 'exciting new opportunity'-Latest News


NEW DELHI: Infosys independent director Ravi Venkatesan has stepped down from the board with immediate effect, the IT behemoth informed the stock exchanges in a statement on Friday evening.

"This is to inform that Ravi Venkatesan, Independent Director has resigned as a director of the company with immediate effect to pursue an exciting new opportunity. Accordingly, the board took note of the same, " Infosys said in the statement.

Infosys had appointed Venkatesan as the co-chairman of the board last year in April. He had been on the Infosys board since April 2011. Venkatesan along with 
R Seshasayee, the then chairman were seen as troubleshooters during the last few months of former CEO (Chief Executive Officer) and MD (Managing Director) Vishal Sikka's tumultuous stint before he dramatically resigned in August 2017 following months of disagreements with Infosys co-founder NR Narayana Murthy.
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