Last Updated: March 23, 2023, 13:20 IST
Kiran Mazumdar-Shaw labored as an Independent Director on the IT firm.
In 2014, Kiran Mazumdar-Shaw was appointed as an impartial director to the Infosys Board
IT large Infosys introduced that Indian billionaire entrepreneur Kiran Mazumdar-Shaw will likely be retiring from the Infosys Board. Mazumdar-Shaw labored as an Independent Director on the IT firm.
“We profusely thank Kiran for having been such an integral member of the Infosys family, providing valuable guidance and leadership to the Board over the years. I am personally very grateful to her as she has been a tremendous ally and amazing colleague on the Board, ever since I re-joined Infosys in August 2017. We also congratulate Sundaram on being appointed as Lead Independent Director and look forward to his continued insight and steadfast support as Infosys continues its growth and transformation journey.” mentioned Nandan Nilekani, Chairman, Infosys.
The Indian IT large additional mentioned in a regulatory submitting that the Board has appointed D. Sundaram because the Lead Independent Director of the Company, efficient March 23, 2023, primarily based on the advice of the Nomination and Remuneration Committee.
In 2014, Kiran Mazumdar-Shaw was appointed as an impartial director to the Infosys Board. In 2018, she was promoted to guide impartial director. She additionally served as a member of the Board’s Risk Management and ESG Committees, in addition to the Chair of the Nomination & Remuneration Committee and CSR Committee.
Further D. Sundaram has been on the Board of Infosys since 2017.
Read all of the Latest Business News right here