Murthy to resign as Infosys chief in 2011

New Delhi, Dec 22 (ANI): India's second largest IT firm Infosys is all set for a change in its leadership with Infosys chief NR Narayana Murthy most likely to retire in 2011.

In an interview to a news channel, Murthy shared his opinion on who will take over as the next chief after his retirement, saying that Infosys has a lot of talented people and indirectly hinted out that somebody loyal to the organisation will take the charge, selected mainly on the basis of merit and competence.

"I would not like to rule out bringing talent from outside. Will first assess talent from within and reward loyal people," he added.

Infosys Human Resources Head Mohandas Pai also gave his opinion on who would take over from Narayana Murthy. He said the biggest challenge for Infosys is the transition from a founder-led to a non-founder led firm, but was adamant on his point that the brand equity of Infosys is much larger than those of its founders.

Infosys has created a strong structure and is not dependent on any individual, added Pai. (ANI)