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Narayana Murthy to continue as chief mentor

Our Bureau

Bangalore , July 12

Infosys Technologies said on Wednesday that its Founder, Chairman and Chief Mentor, Mr N.R. Narayana Murthy, would continue as Chief Mentor and Non-Executive Chairman post-retirement. Mr Murthy will be retiring from the services of the company on August 20, when he turns 60.

The company also announced its board's decision to appoint Mr Murthy as an Additional Director of the company with effect from August 21. "He will continue to serve the company in a seminal role. As chief mentor, he will lead the new generation of leaders in the company," said Mr Nandan Nilekani, Chief Executive Officer and Managing Director, at a post-earnings press conference.

Mr Nilekani, now the senior-most executive in the company, will be taking over as the corporate head.

The company also announced the promotion and re-designation of Mr S. Gopalakrishnan, currently Chief Operating Officer and Deputy Managing Director, as President, Chief Operating Officer and Joint Managing Director, with effect from August 21.

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