HEADLINES:
June 21 2018
Infosys rejigs top management
15 July 2011

As Infosys puts the finishing touches to the largest management rejig in its 30-year-old history, the company has finalised six new leaders who will make their way to the executive council (EC), people familiar with the matter told ET.

The executive council is being reconstituted after the recent exits of HR head Mohandas Pai and head of business innovation Subhash Dhar .

The EC was set up in 2007 to groom future leaders and is the top decision-making body that runs the company's operations. The changes at the EC level come on the back of board-level changes and a massive re-organisation that Infosys has been undergoing in the last few months.

The executive council will now have a total of eleven members. The new additions will include the recently appointed head of sales Basab Pradhan, the head of administration and facilities Ramdas Kamath, consulting subsidiary CEO Stephen Pratt, head of retail, CPG and life sciences vertical UB Pravin, head of energy, utilities, communications and services vertical Prasad Thrikutam and HR head Nandita Gurjar.

Chief financial officer V Balakrishnan, head of Europe and the manufacturing vertical BG Srinivas and head of north America and the BFSI vertical Ashok Vemuri and head of entreprise solutions business Chandrashekhar Kakal are the existing members of the council. Vemuri, Balakrishnan and Srinivas were also promoted to the board last month.

The country's second largest IT company recently named KV Kamath as its next chairman after NR Narayana Murthy steps down in August. Current CEO Kris Gopalakrishnan has been elevated to co-chairman while COO SD Shibulal will be the last of the co-founders to take up the CEO role in August.

Apart from the top-deck changes, Infosys has also been consolidating verticals and service lines as part of its "Infosys 3.0" strategy, through which the company hopes to work on more transformational projects with clients. Six verticals - grouped under BFSI, manufacturing, retail, CPG & life sciences and energy, utility, communication and services - have been collapsed into four.

The company has also divided its service lines into three clusters: business transformation, business operations and business innovation. Consulting business head Stephen Pratt will head business transformation, Kakal will oversee business operations and it is yet to name a new head for its business innovation division.

 

 

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