Leo Puri to step down from Infosys Board of Directors

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Bangalore: Infosys today announced that Leo Puri, an independent director of the Company, has conveyed his intention to step down from the Board of Directors of Infosys effective August 14, 2013.

This is pursuant to his appointment as Managing Director of UTI Asset Management Co Ltd, India’s sixth largest asset manager by size. Puri joined the Infosys Board on April 11, 2013.

N R Narayana Murthy, Executive Chairman of the Board said, “Though Leo Puri’s association with Infosys has been a short one, we will definitely miss his vast knowledge and experience in the consulting and investment field. We would like to congratulate Puri on his new role and wish him all the best in his future endeavours.”

Puri has been a Senior Advisor to McKinsey & Company’s Asia-Pacific Financial Institution Practice. He has over 25 years of experience of working in consulting and investment field for financial institutions. Between 2007 and 2011, he was a Managing Director with Warburg Pincus & Company, a leading Private Equity Firm, responsible for investments in India and financial institutions in relevant Asian markets.

Kerala IT News

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