Infosys adds 12 executives to its management team
In
perhaps its biggest ever expansion of its leadership team, Infosys has
inducted 12 new faces to the executive council (EC), taking the total
strength of its highest operational decision-making body to 30. The EC
had only 16 members at the end of 2012-13, which means its strength is
now almost double that..
The company said this
was done to provide greater focus to its new growth areas. Business
unit and subsidiary heads of emerging businesses are now part of the
council.
It may also have been done to retain
key executives. Infosys has seen several top level exits recently, most
prominently that of board member Ashok Vemuri and Sudhir Chaturvedi, the
financial services head for the Americas. As EC members, the new
inductees will be entitled to an allowance of $150,000 per annum pro
rata for the period as member.
The new EC
members are: Dheeshjith V G, who is the senior VP-growth markets that
combines the operations of Australia, New Zealand, Japan, China, Middle
East, South East Asia, France and Germany.the country heads in these
countries report to him.
Eric Paternoster, CEO
and president of Infosys Public Services, an Infosys subsidiary focused
on healthcare and public sector in the US and Canada; Ganesh
Gopalakrishnan, senior VP-information systems; Gautam Thakkar, CEO of
Infosys BPO; Haragopal Mangipudi, senior VP and head of Finacle; Jackie
Korhonen, country head of Australia and New Zealand; Manish Tandon,
senior VP-life sciences; Muralikrishna K, senior VP-computers and
communications division; Ravi Kumar S, senior VP-insurance; Ronald
Hafner, CEO of Infosys Lodestone; Sanjay Jalona, senior
VP-manufacturing; Subu Goparaju, senior VP at Infosys Labs.
India's
second largest IT company had appointed three members to the EC in
August. These were Ranganath Mavinakere, Binod Hampapur Rangadore, and
Nithyanandan Radhakrishnan.
Mavinakere, who
was the chief risk officer of the company, now heads the
cost-optimization initiative in the chairman's office. Rangadore heads
the new global delivery model in the chairman's office. He was
previously the head of the India business unit and global head of
corporate relations. Radhakrishnan is a senior VP and general counsel.
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