Nandan Nilekani to adopt 3-pronged strategy to revive Infosys
Life does indeed come full circle—as Nandan Nilekani tweeted on Friday.
Nilekani, who built India’s most high-profile information technology firm from scratch with six others, now finds himself with the unenviable task of rebuilding Infosys Ltd in the wake of unprecedented chaos that saw the exit of its chief executive officer and chairman in the space of a week.
Nilekani, 62, who was named non-executive chairman on Thursday, is expected to play the role of a “super CEO” in the short term as he steers the company out of tumultuous times.
The turmoil peaked with the Infosys board last week issuing a withering six-page statement blaming founder N.R. Narayana Murthy for the exit of CEO Vishal Sikka. That strategy backfired spectacularly for the board and ultimately resulted in the exit of four board members.
In addition to finding a new CEO and reconstituting the board, Nilekani will also work with key executives, including the board’s committee of directors, to help outline a new strategy, that is expected to result in a few management changes.
Nilekani declined to comment on the strategy, calling it premature, but said details will be shared in October.
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