V Balakrishnan quits Infosys ” eighth top exit in six months
New Delhi: In the eighth top-level exit at India's second-largest software exporter in the past six months, V Balakrishnan, a member of the Infosys board, has resigned.Balakrishnan, who joined Infosys in 1991, was considered by
New Delhi: In the eighth top-level exit at India's second-largest software exporter in the past six months, V Balakrishnan, a member of the Infosys board, has resigned.
Balakrishnan, who joined Infosys in 1991, was considered by some as the next chief executive officer after current CEO S D Shibulal retires in 2015.
Infosys has witnessed an exodus of senior-level executives since the company brought back founder N R Narayana Murthy to oversee operations in June.
Balakrishnan, was head of Infosys BPO, Finacle and India Business Unit Chairman of Infosys Lodestone. He had also served as the firm's chief financial officer earlier.
"V Balakrishnan has conveyed his intention to resign as a member of the board and from the services of the company. The resignation is effective December 31, 2013," Infosys said in a statement.
The company announced the induction of U B Pravin Rao as a full-time director and Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon, as an independent director.
Balakrishnan, who joined Infosys in 1991, was considered by some as the next chief executive officer after current CEO S D Shibulal retires in 2015.
Infosys has witnessed an exodus of senior-level executives since the company brought back founder N R Narayana Murthy to oversee operations in June.
Balakrishnan, was head of Infosys BPO, Finacle and India Business Unit Chairman of Infosys Lodestone. He had also served as the firm's chief financial officer earlier.
"V Balakrishnan has conveyed his intention to resign as a member of the board and from the services of the company. The resignation is effective December 31, 2013," Infosys said in a statement.
The company announced the induction of U B Pravin Rao as a full-time director and Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon, as an independent director.