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online edition: www.indoamerican-news.com

Business

Friday, April 22, 2011

Indo American News • Friday, April 22, 2011

www.indoamerican-news.com

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IndoAmerican News

STOCKS • FINANCE • SOUTH ASIAN MARKETS • TECHNOLOGY

Infosys is an Absolute Meritocracy: Narayana Murthy

Murthy on the future of the Indian IT sector, challenges for Infosys, succession planning, his aspirations for the firm

Thinking ahead: Murthy says his passion is to create a better society for future citizens. Aniruddha Chowdhury/ Mint

By Venkatesha Babu & Sridhar Chari BANGALORE (Mint): For 30 years he has been the most visible mascot for not only Infosys Technologies Ltd, India’s second-largest software exporter, but to a large extent for the sector as a whole. However, for N.R. Narayana Murthy, chairman of the board and chief mentor of Infosys, 2011 will be a momentous year both on the personal and profes-

sional fronts. On 20 August, when he turns 65, he becomes chairman emeritus, an “advisory role with no strategy or operational play”. Sometime this month-end, he is likely to become a grandfather for the first time, a role he says he is “looking forward to”. Meanwhile, son Rohan marries the heiress to the TVS-Amalgamations Group in June. Murthy, after a long time, is planning to have a holiday

with his wife after the dust settles on these events. However, at Infosys, his “middle child” (born after daughter Akshata and before Rohan), he has a few last things to fix, before he can take it easy. The company, long seen as setting the pace in the sector, has grown slower over the last couple of quarters than peers Tata Consultancy Services Ltd and Cognizant Technology Solutions

INDO AMERICAN NEWS • FRIDAY, APRIL 22 , 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

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