IT major Infosys Technologies today announced the expansion of the board by inducting four new members. The Bangalore-based company's nomination committee has decided to induct V Balakrishnan, B G Srinivas and Ashok Vemuri as executive directors with immediate effect.
The board has also inducted Ann Fudge, who is presently the non-executive director at Unilever and GE, as an additional director. She will be the only woman member. There was no woman in the board since Rama Bijapurkar resigned in April last year. Balakrishnan is the chief financial officer, while B G Srinivas is the senior vice-president and head of manufacturing. Vemuri is the senior vice-president and head of banking and capital markets.
“The company is in the stage of transformation. The new members are extremely talented and competent,” said Chairman N R Narayana Murthy. Meanwhile, the company confirmed the resignation of senior vice-president and head of Innovation, Subhash Dhar.