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Ravi Venkatesan quits Infosys board to pursue 'exciting new opportunity'

By Deepika
|

Infosys independent director Ravi Venkatesan has stepped down from the board to pursue an "exciting new opportunity."

Image for representation only

Venkatesan, a former Microsoft India chairman was brought in on the board of Infosys in 2011 by founder N R Narayana Murthy.

Venkatesan along with R Seshasayee, the then chairman were seen as troubleshooters during the last few months of former CEO (Chief Executive Officer) and MD (Managing Director) Vishal Sikka's tumultuous stint before he dramatically resigned in August 2017 following months of disagreements with Infosys co-founder NR Narayana Murthy.

"I joined the Board at a time when Infosys was beginning the complex journey of transitioning from founder-led to professional management. This was also a time of tectonic industry shifts. I am pleased that this mission has been accomplished. Infosys is strong, in good hands, and is gaining momentum," Venkatesan was quoted saying in a company statement.

Nandan Nilekani, Chairman, Infosys, said Venkatesan's contribution was pivotal for transitioning Infosys towards a "digital-first future".

"This passage is one that every entrepreneurial company faces eventually and I thank Ravi for his leadership in ensuring a successful transition. The Board will miss his passion, strategic insights, and personal warmth," Nandan Nilekani said

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