Vishal Sikka resigns as MD & CEO of Infosys with immediate effect

Sikka will serve as executive vice-chairman until a new permanent CEO & MD takes charge

Vishal Sikka resigned on Friday as Infosys CEO and Managing Director and will be replaced by U B Pravin Rao with immediate effect. The board of the country’s second-largest software services company accepted the resignation of Sikka with immediate effect and appointed him as Executive Vice Chairman.

In a filing to BSE, the company said, “Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management's ability to accelerate the Company's