BG Srinivas and UB Pravin Rao in their new role as president at Infosys will focus on global markets, delivery and service innovation
Infosys Ltd on Friday appointed BG Srinivas and UB Pravin Rao as the presidents of the company with immediate effect. Both the presidents will report to SD Shibulal, chief executive officer and managing director.
In a statement, Infosys said its business portfolios will be realigned under the two presidents. BG Srinivas will focus on global markets while UB Pravin Rao will focus on global delivery and service innovation.
Infosys also said, the executive council as a forum, will discontinue with effect from 1 April 2014.
During last quarter Infosys have seen reshuffling of its management which follows several senior-level departures from the IT company since its founder, NR Narayana Murthy, returned in June 2013.
On 20 December 2013, V Balakrishnan, head of Infosys BPO, Finacle, India Business Unit, as well as chairman of Infosys Lodestone, resigned from Infosys. He was with Infosys Ltd since 1991.
On 19 December 2013, senior vice president and a member of Infosys' Executive Council Subrahmanyam Goparaju also resigned from Infosys.
During the same period, Infosys also announced the induction of Kiran Mazumdar-Shaw as an independent member of the Board, while UB Pravin Rao was inducted as a whole-time director.
Infosys closed Friday 2.61% higher at Rs3565.45 on the BSE, while the 30-share BSE S&P Sensex ended marginally down at 20,851.
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