Nilekani to lead Infy out of troubled times: Mazumdar

Nilekani earlier on Friday said nominations committee headed by Mazumdar-Shaw would search for a new CEO.

Update: 2017-08-25 10:20 GMT
Biotechnology pioneer Kiran Mazumdar-Shaw has not given much thought to the latest list of 100 rich persons in India in which she also figures.

Hyderabad: Independent Director Kiran Mazumdar-Shaw on Friday said every one has confidence that Nandan Nilekani would lead Infosys out of its troubled times.

"The unanimous decision of the board (to appoint Nilekani as non-executive chairman) reflects the  confidence every one of us had in his credible leadership to steer Infosys out of these troubled time," she told PTI.

Nilekani said earlier on Friday that the nominations committee headed by Mazumdar-Shaw would search for a CEO for the Bengaluru-headquartered company.
The company's co-founder and former CEO, Kris Gopalakrishnan, extended his good wishes to Nilekani.

"I wish Nandan all the very best," he said. The company's ex-CFO, T V Mohandas Pai, yesterday said, "Nilekani coming back (to Infosys) is good, he knows every body, he is approachable. Nandan coming back as non-executive chairman will be a good thing for the company and settle the issue once and for all."

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