Narayana Murthy returns as Infosys executive chairman - N R Narayana Murthy is returni- Navbharat Times Photodhamal

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N R Narayana Murthy is returning to the executive leadership of Infosys, after having retired in 2011 from the company he founded. He will be the executive chairman with effect from June 1.

In This Pic : N R Narayana Murthy

Pic Courtesy : BCCL

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His son, Rohan Murthy, will assist him in his role as chairman. The company said Narayana Murthy will create a chairman's office to assist him during his tenure and has requested the Board to permit him to put together a team for this function. "The team will include his son Rohan Murty as Narayana Murthy's executive assistant," it said. This is the first time that Rohan is stepping into a role at Infosys.

In This Pic : Rohan Murthy

Pic Courtesy : BCCL

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The changes come at a time when Infosys, once the bellwether of the industry, is going through a rough time, with its revenue growth far below that of peers TCS, Cognizant and HCL.

In This Pic : Rohan Murthy, N R Narayana Murthy

Pic Courtesy : BCCL

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K V Kamath, who was appointed non-executive chairman on Murthy's retirement in 2011, will step down from his position and take up the position of lead independent director effective June 1.

In This Pic : K V Kamath

Pic Courtesy : BCCL

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K V Kamath said, "The Board has taken this step keeping in mind the challenges that the technology industry and the company faces and in the interest of all stakeholders, particularly shareholders large and small, who have asked for strengthening of the executive leadership during this challenging time. Murthy's entrepreneurial and leadership record and the long experience he has had as a technology pioneer makes him eminently qualified to lead the company and provide strategic direction at this point in time."

In This Pic : K V Kamath

Pic Courtesy : BCCL