Thursday, April 14, 2011

Mohandas Pai, Infosys Technologies' HR director resigns from board

Infosys' director incharge, Human Resource and Administration, Mohandas Pai resigned on Friday from the board of the company with effect from June 11, 2011. Infosys' board of directors will meet on April 30 to finalise plans for the company's leadership as chairman NR Narayan Murthy retires in August 2011.

Former Microsoft India head, Ravi Venkatesan was appointed as additional director on the board. In the middle of its biggest management transition ever since Infosys was founded, the company is aiming for a larger share of revenue from retail, banking and healthcare customers by shifting the roles of leaders handling multiple business units.

Pai had been in a finance role as Chief Financial Officer of Infosys since 1994, and later took responsibility for the critical functions of human resources and education. He is also a well-known public face and has been part of various committees such as the Kelkar committee for reforming direct taxes and is currently on the SEBI board.

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