Kiran Mazumdar-Shaw retires from Infosys board
Kiran Mazumdar-Shaw has retired from Infosys’ board of directors, the company said, adding Shaw completed her tenure on Wednesday.
Shaw, who was appointed to the board as an independent director in 2014 and as a lead independent director in 2018, also acted as the chairperson of the nomination and remuneration committee and the CSR committee.
Besides, she has worked as a member of the risk management and ESG committees of the board. D. Sundaram succeeded her as the new lead independent director as per the recommendation of the nomination and remuneration committee, the company stated in its release.
Sundaram, who joined the board in 2017, is also part of the audit committee, risk management committee, stakeholder relationship committee, nomination and remuneration committee, and cybersecurity risk sub-committee.
His expertise lies in finance and strategy, and he has played a significant role in shaping the future strategies of Infosys. Nandan Nilekani, chairman of Infosys, thanked the biotechnology veteran for the guidance and able leadership that helped the company chart a strong growth trajectory.
“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,” he added.
The board also congratulated Sundaram on being appointed as a lead independent director, adding that the company ‘looked forward to his insight and steadfast support as Infosys continues its growth and transformation journey."