Kiran Mazumdar-Shaw has retired because the independent director of the board in Infosys upon completion of her tenure, IT providers main introduced on Thursday.
Infosys board has appointed D Sundaram because the lead independent director of the corporate, efficient March 23, 2023 primarily based on the advice of the Nomination and Remuneration Committee, in keeping with an announcement.
Kiran Mazumdar-Shaw was appointed to the Infosys board as an independent director in 2014, and as lead independent director in 2018.
She additionally served because the chairperson of the Nomination and Remuneration Committee and CSR Committee, and as a member of the Risk Management and ESG Committees of the board.
Infosys chairman Nandan Nilekani mentioned, “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.”
Nilekani added: “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.”
Sundaram has been on the board of Infosys since 2017.
With his experience and huge expertise in finance and technique, he has been an important catalyst for the corporate to grasp its imaginative and prescient for the longer term, the assertion mentioned.
Sundaram serves on the Audit Committee, Risk Management Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee and Cybersecurity Risk Sub-Committee.
ALSO READ | After Adani bombshell, US short-seller Hindenburg Research indicators one other ‘massive report’ quickly
ALSO READ | Bharat 6G Project: India goals for high-speed web by 2030, PM Modi unveils imaginative and prescient doc
