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Infosys: KV Kamath, the Successor of Narayana Murthy.

On April 30, 2011 in Bangalore, India.
Announcing in the Press meet the successor of Narayana Murthy and other changes made in the Top management of Infosys.
Starting with the change in the company's name from Infosys Technologies to Infosys Ltd.
Narayana Murthy passes the baton to Kv Kamath.
Narayana Murthy(left), KV Kamath (right)
Nagavara Ramarao Narayana Murthy, who is considered to be an great leader and the search for the successor which took place for more than six months has come to an end as they found the person replacing the position.

Narayana Murthy, one the Co-Founder among 7 founders with was working as  non-executive Chairman and Chief Mentor of Infosys has been replaced by KV Kamath as Non-Executive chairman and Independent director of Infosys. 

Apart from that two more changes are SD Shibulal will be the new CEO replacing Gopalakrishnan who was earlier serving as  Executive chairman and Managing Director.
 Narayana Murthy: "Shibulal has exceeeded board expectation as COO."
Shibulal(left), Gopalakrishnan(Kris)(right)

And S Gopalakrishnan(popularly known as Kris) will be the Executive co-chairman (who currently is the CEO & MD, Infosys) and he is the one of the 7 founder of Infosys addressedthe meeting talking about the companies achievement saying,
"Infosys revenues has increased to $6billion and employee strength is  around 130,000".
These all new appointments will be effective from 21-Aug-2011. 
KV Kamath, who is awarded Padma bhushan in 2008 and he is currently the Non-Executive chariman of ICICI bank and hugely credited for transforming ICICI banks into an agressive lender.
Addressing the press KV Kamath said:

  • "No one can replace murthy. Taking murthys position is a big honour.
  • Honoured to be appointed as Infosys Chairman.
  • Infosys is in a eviable position. Because it  has outstanding leadership, performance.
  • Always watched NRN with administration. I was mentored by murthy for last 15 years and he follows the method of following the three (discipline, empowerment and recognition).


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