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India : BG Srinivas and UB Pravin Rao appointed as presidents by Infosys.

Infosys Technologies declared the appointment of B G Srinivas and U B Pravin Rao as presidents of the company with immediate effect.

Infosys said that the two will report to chief executive officer and managing director S D Shibulal.

Infosys, a global leader in consulting, technology and outsourcing solutions, moreover declared a realignment of its business portfolios under the two presidents.

Srinivas will aim on global markets whereas Pravin Rao will focus on global delivery and service innovation.

Srinivas will manage portfolios such as financial services, insurance, manufacturing, engineering services, energy and communications, Infosys public services, Infosys Lodestone, strategic global sourcing, marketing and alliances.

Pravin Rao will take care of retail, consumer packaged goods and logistics, life sciences, resources and utilities, services, growth markets, cloud and mobility, quality and productivity and Infosys Leadership Institute.

Infosys said that following the realignment of portfolios, the 30-member executive council, as a forum, will cease to exist with effect from 1 April 2014.

Chief executive and managing director S D Shibulal said, ''These changes will further enhance our focus on deepening client relationships, increasing market share, creating service differentiation through innovation and agility in execution .

Infosys management recently declared the elevation of board members, BG Srinivas and UB Pravin Rao as presidents of the company - a recently created role at Infy who would be reporting to current chief executive officer and managing director, SD Shibulal.

The changes are focused at centralizing the highly decentralised Infy, and to test the expertise of Srinivas and Rao to see if they have CEO potential, after Shibulal steps down in in 2015. Shibulal is the last of the founders to retire, and his exit would see the appointment of the first non-founder CEO of the company.

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Publication:Mena Report
Date:Jan 6, 2014
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