New Delhi: IT Major Infosys Limited declared that its an Independent Director Ravi Venkatesan would be stepping down from the Board. It is said that he is parting to accept an 'exciting new role'.
Venkatesan has been an independent director since 2011. he had also served as Co-Chairman before changing this responsibility when Nandan Nilekani became Chairman in August 2017.
"I joined the Board at a time when Infosys was beginning the complex journey of transitioning from founder-led to professional management. This was also a time of tectonic industry shifts. I am pleased that this mission has been accomplished. Infosys is strong, in good hands, and is gaining momentum. My seven years on the board have been exciting, rewarding and eventful. l feel fortunate to have been part of this extraordinary company at a seminal moment in its history and to have worked with so many fine colleagues on the Board and in management. I wish Infosys and all Infoscions the greatest success in the coming years," he said.
An alumnus of Harvard Business School and Purdue University, Ravi has served as the Chairman of Microsoft India between 2004 and 2011, where he was instrumental in creating Microsoft India's Project Shiksha, a computer literacy program which has so far trained over 40 million school children in India.
Furthermore, Ravi has also served as the Chairman of Cummins India, as well as on the boards of Harvard Business School, AB Volvo, Bunge, and Thermax.