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  Business   Companies  25 Aug 2017  Nilekani to lead Infy out of troubled times: Mazumdar

Nilekani to lead Infy out of troubled times: Mazumdar

PTI
Published : Aug 25, 2017, 3:50 pm IST
Updated : Aug 25, 2017, 3:50 pm IST

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

Biocon founder Kiran Mazumdar-Shaw is Independent Director on Infosys board. (Photo:File)
 Biocon founder Kiran Mazumdar-Shaw is Independent Director on Infosys board. (Photo:File)

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."

Tags: biocon, kiran mazumdar-shaw, nandan nilekani, infosys
Location: India, Telangana, Hyderabad