R Seshasayee appointed as Non-Executive Chairman of Infosys Limited
He succeeded KV Kamath, who resigned to head the proposed BRICS New Development Bank in China.
R Seshasayee was on 5 June 2015 appointed as the Non-Executive Chairman of Infosys Limited. He succeeded KV Kamath, who resigned to head the proposed BRICS New Development Bank in China.
Seshasayee will assume his new role with immediate effect. He will lead the Infosys board for three years until 2018, when he will turn 70 and retire, as per company rules.
The post of Chairman in Infosys was lying vacant since June 2014, when its co-founder NR Narayana Murthy resigned from the post.
Seshasayee joined Infosys board in January 2011. He has been an independent director on the board since then and is the Chairperson of its audit committee. Presently, Seshasayee also serves as Non-Executive Vice-Chairman of Ashok Leyland and Chairman of IndusInd Bank.
A chartered accountant by profession, Seshasayee started his career with Hindustan Lever Ltd in 1971. Later, he joined Chennai-based auto maker Ashok Leyland in 1976, where he became executive director in 1983 and managing director in 1998.
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