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Infosys Announces Leadership Transition
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Monday, February 06, 2012:
Infosys (NASDAQ: INFY), a global leader in consulting and technology, today announced the following leadership changes: BG Srinivas, Global Head of Manufacturing & Engineering business will take over as the new leader of the company’s Financial Services & Insurance business. Ashok Vemuri, present Global Head of its Financial Services & Insurance business will now lead the company’s Manufacturing & Engineering business.
This change builds on our successful organization transformation last year to broaden key leadership experiences at Infosys. The transition builds on the significant contributions made by both BG Srinivas and Ashok Vemuri over the past decade as they have successfully spearheaded their respective businesses, incubated new businesses and expanded Infosys’ footprint in the American and European markets. This change brings cross industry perspectives to accelerate transformation and innovation for our clients.
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Announcing the new responsibilities, S D Shibulal, CEO and Managing Director, Infosys said, “We have always focused on giving our leaders a diverse set of experiences over time to fully realize their potential. Ashok and BG’s track record in leading high growth organizations has been superb. This change allows them to leverage cross-industry experience to help our clients Build Tomorrow’s Enterprise.”
The changes are effective April 1, 2012. Ashok Vemuri and BG Srinivas, both members of the Infosys Board of Directors, will continue with their existing regional leadership responsibilities for the Americas and Europe, respectively.
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