Infosys president and board member BG Srinivas resigns

Written By Unknown on Rabu, 28 Mei 2014 | 21.43

NEW DELHI: Infosys has been hit by another high-profile exit as BG Srinivas, its president and board member, has put in his papers. The resignation is effective from June 10, 2014.

Srinivas, along with UB Pravin Rao, was appointed as president of the company in January this year. Under Srinivas were units like financial services, insurance, manufacturing, engineering services, energy and communications, Infosys Public Services, Lodestone, strategic global sourcing, marketing and alliances. As president, he reported to CEO and managing director SD Shibulal.

READ ALSO: Infosys VP of Digital Transformation Practice quits

Among internal candidates, both Srinivas and Rao were said to be in the fray for the post of Infosys CEO. With the exit of Srinivas, Rao has become the frontrunner in the race.

On his resignation, Srinivas said, "My tenure at Infosys has been one of my most rewarding experiences, and I am proud to have contributed to the best growth story in the industry. I wish the Board and Infosys the best of success in the future."

In a statement, Infosys thanked Srinivas for his contribution to the company.

Executive chairman Narayana Murthy said, "The board and every Infoscion thanks BG Srinivas for his wonderful contribution and wish him great success in his future endeavors."

Shibulal said, "During his tenure at Infosys, BG Srinivas played a pivotal role in building the Enterprise Solutions Unit, strengthening our business in Europe and driving growth in key business verticals. I would like to wish him the very best."


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