Murthy scores over Seshasayee in Infosys making Ravi Venkatesan co-chairman

Venkatesan has been among the key negotiators with Murthy after he raised concerns over governance

Infosys founder N  R Narayana Murthy scored over company Chairman R Seshasayee in securing the appointment of independent board member Ravi Venkatesan as co-chairman of the software major.

Venkatesan had been a key negotiator with Murthy after the latter raised concerns over governance issues at Infosys and sought that Seshasayee be held accountable. While not seeking Seshasayee’s resignation, Murthy had asked for another eminent person as co-chairman.

“Ravi will help me enhance the board engagement in supporting the management in execution of company strategy,” said Seshasayee.

 He, however, clarified that Murthy had not recommended the name of Venkatesan as co-chairman.