News: Bala, another veteran, quits Infosys

#Updates

Bala, another veteran, quits Infosys

V. Balakrishnan, a key board member at Infosys and considered a hot favourite for the chief executive officer’s job, said on Friday that he is leaving the company by the end of December, a Hindu Business Line report said. Bala currently heads Infosys BPO, India business, banking software unit Finacle, and consulting subsidiary Lodestone.

V. Balakrishnan, a key board member at Infosys and considered a hot favourite for the chief executive officer’s job, said on Friday that he is leaving the company by the end of December, a Hindu Business Line report said. Bala currently heads Infosys BPO, India business, banking software unit Finacle, and consulting subsidiary Lodestone.

This is the eighth high-profile exit at the IT major since May 2012. In a statement, Infosys’ Chairman N.R. Narayana Murthy, who returned to the helm in June 2013, said: “It is difficult to imagine Infosys without Bala’s passion, commitment and intellect.”

Read the complete HBL report here

Topics: #Updates, #Movements, C-Suite

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