Infosys rules out chairman transition

Infosys said its board has approved the appointment of Nitin Paranjpe as non-executive-Vice-Chairman with immediate effect, but the company ruled out plan for chairman transition.

Listen to this article

The appointment recognises Nitin’s contribution to the board. He brings extensive experience, including as non-executive Chairman of Hindustan Unilever Ltd. and non-executive Vice-Chairman of Heineken NV. As the Vice-Chairman, he will support the Chairman in guiding the board and strategic agenda, the company said in a statement.

“We are delighted to have Nitin in this position,” said Nandan Nilekani, Chairman of the board, Infosys.

“His expertise has already made a significant impact on the board, and we look forward to his continued leadership in this expanded role. I will continue as the Chairman of the board as long as necessary and there is no plan for a chairman transition,” he added.

 

Latest

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing...

Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Newsletter

Don't miss

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing...

Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Milky Mist’s new yoghurt plant goes on stream

In a statement, the company said the new facility...

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates in order of preference and the remuneration proposed to be paid to them, for a...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary celebration, themed ‘Beyond 37 – Past, Present & Future’, in Chennai. The company said the entry...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing to sell the iPhone 17 Pro and iPhone 17 Pro Max with special offers, including...