Shibulal named Infosys CEO & MD, Kris to be Co-Chairman

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Tvm: The Board of Directors of Infosys has announced that N R Narayana Murthy will be the Chairman Emeritus; K V Kamath, the Chairman; S Gopalakrishnan, the Co-Chairman of the Board and S D Shibulal, the Chief Executive Officer and Managing Director, with effect from August 21, 2011. The decision of the Board is based on the recommendations of the Nominations Committee led by Prof. Jeffrey S Lehman.

S Gopalakrishnan (Kris), a co-founder of the Company, has been serving as the CEO & MD since June 22, 2007.  Kris, a native of Pala in Kottayam District, holds a Master’s Degree in Physics and Computer Science from the IIT, Chennai. Speaking on the occasion Kris said, “I am happy and honoured that the Board has requested me to take on the responsibility of Executive Co-Chairman. I look forward to working with Vaman and Shibu, post August 20th, when Narayana Murthy retires from the Board as Chairman and Chief Mentor. Our goal is to strengthen and grow Infosys further while maintaining the trust and confidence reposed in us by all the stakeholders – clients, employees, investors and shareholders, vendor-partners, the government of the land, and society.”

S D Shibulal is one of the co-founders and currently serves as the COO of Infosys. Shibulal, who is from Muhamma in Alappuzha District, has a Master’s Degree in Physics from the University of Kerala and an MS in Computer Science from the University of Boston. Speaking on the occasion, Shibulal said, “I am honoured to be appointed the CEO & MD of this great organisation. In the last 30 years, Infosys has established itself as an industry leader. Under Kris’s leadership, Infosys has scaled greater heights and has become a respected global brand. Vaman is a well-known and highly-respected corporate leader. As we look ahead, we will ensure that this leadership transition is smooth as all other transitions have been in the past. We are also making other organisational changes to strengthen our market position and ability to serve our clients better.”

With over 1.3 lakh employees, Infosys is the second largest IT company in India. About 4,000 people are based out of its Technopark Trivandrum centres.

Kerala IT News

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