Stock: Infosys (INFY)

Top Management and Board of Directors

Top Management


Top Management [One top executive with tenure > 7 yrs]
NameDesignationSince Appointment
Nandan NilekaniChairman7 Yrs, 8 Mos

Top Management [Four top executives with tenure < 2 yrs]
NameDesignationSince Appointment
Jayesh SanghrajkaChief Financial Officer1 Yr
Salil S. ParekhChief Executive Officer, Managing Director, Executive Director-
A. G. S. ManikanthaCompany Secretary-
Inderpreet SawhneyGeneral Counsel, Chief Compliance Officer-


Board Of Directors


Board Of Directors [Six directors with tenure < 5 yrs]
NameSince Appointment
Chitra Nayak4 Yrs, 1 Mo
Govind Iyer2 Yrs, 3 Mos
Nitin Paranjpe1 Yr, 4 Mos
Michael Nelson Gibbs-
Helene Auriol Potier-
D Sundaram-

Resignations in the past 2 years

NameDesignationDate of Resignation
Nilanjan RoyChief Financial Officer31 March 2024
Uri LevineIndependent Director19 April 2023

Profiles of Top Management

Salil S. Parekh
CEO & Managing Director & Executive Director
Salil Parekh, as Chief Executive Officer and Managing Director, sets and evolves the strategic direction for the company and its portfolio of offerings, while nurturing a strong leadership team to drive its execution. Salil has nearly three decades of global experience in the IT services industry with a strong track record of driving digital transformation for enterprises, executing business turnarounds and managing successful acquisitions.
Most recently, Salil was a member of the Group Executive Board at Capgemini, where he held several leadership positions for 25 years. He was responsible for overseeing a business cluster comprising Application Services (North America, UK, Asia), Cloud Infrastructure Services, and Sogeti (Technology & Engineering Services Division). He was responsible for the strategy and execution of these businesses - setting direction and enabling rapid client adoption. He was also the Chairman of Capgemini's North America Executive Council. He was the architect of the North America growth and turnaround strategy, and was instrumental in setting up their offshoring capabilities.
In his earlier role as Partner at Ernst & Young, Salil is widely credited for bringing scale and value to the Indian operations of the consultancy firm.
He holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University, and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay.

Nandan Nilekani
Chairman
Nandan Nilekani is the Co-Founder and Chairman of Infosys Limited. He was the Founding Chairman of the Unique Identification Authority of India (UIDAI) in the rank of a Cabinet Minister from 2009- 2014. Nandan has co-founded and is the Chairman of EkStep Foundation, a not-for-profit effort to create a learner centric, technology based platform to improve basic literacy and numeracy for millions of children. In Jan 2023, he was appointed as the co- chair of the "G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development".
Born in Bengaluru, Nilekani received his Bachelor's degree from IIT, Bombay. Fortune Magazine conferred him with "Asia's Businessman of the year 2003". In 2005 he received the prestigious Joseph Schumpeter prize for innovative services in economy, economic sciences and politics. In 2006, he was awarded the Padma Bhushan. He was also named Businessman of the year by Forbes Asia. Time magazine listed him as one of the 100 most influential people in the world in 2006 & 2009. Foreign Policy magazine listed him as one of the Top 100 Global thinkers in 2010. In 2014, He won The Economist Social & Economic Innovation Award for his leadership of India's Unique Identification initiative (Aadhaar). In 2017, he received the Lifetime Achievement Award from E & Y. CNBC- TV 18 conferred India Business leader award for outstanding contributor to the Indian Economy-2017 and he also received the 22nd Nikkei Asia Prize for Economic & Business Innovation 2017. He has been inducted as International Honorary Member of the American Academy of Arts and Sciences in 2019. Business Standard Annual awards 2022 conferred, "The Life Time Achievement Award".
Nandan Nilekani is the author of "Imagining India", co- authored his second book with Viral Shah, "Rebooting India: Realizing a Billion Aspirations" and co-authored his third book with Tanuj Bhojwani, "The Art of Bitfulness: Keeping calm in the digital world" released in Jan 2022.

Shareholder Value:
Creation of shareholder value in Infosys:
Date of appointment: August 24, 2017
In the last 5 years the average annualized return to shareholders was 23.3%. The present value of INR1,000 (PV1000) invested 5 years ago is now Rs2,848, a gain of Rs1,502 and dividend reinvested of Rs346.


Jayesh Sanghrajka
CFO
Jayesh has over 25 years of experience across a wide spectrum of finance functions. He has worked at Infosys for 18 years - first between 2000-07 and currently since December 2012. Jayesh was appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015 and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax. Additionally, he also oversees the mergers and acquisitions portfolio. In 2016, he was recognized by Businessworld magazine as the 'Most Promising Future CFO'. Jayesh is a Chartered Accountant and a Cost Accountant.

Shareholder Value:
Creation of shareholder value in Infosys:
Since appointment as CFO: The present value of INR1,000 invested on the appointment date of April 01, 2024 at close price of Rs1,449.73 is Rs1,066, including a capital gain of Rs33 and dividend reinvested of Rs33.

Profiles of Board of Directors

D Sundaram
Independent Director
D. Sundaram, Vice Chairman & Managing Director, TVS Capital Funds Ltd.
D. Sundaram's experience spans corporate finance, business performance, monitoring operations, governance, mergers & acquisitions, talent/people management and strategy.
Sundaram joined Hindustan Unilever Limited as Management Trainee in June 1975; and served in various capacities as Corporate Accountant, Commercial Manager and Treasurer till 1990. He was seconded to Unilever, London as Commercial Officer for Africa and Middle East Group between 1990 and 1993. He was the Commercial Manager of TOMCO integration team in 1993 / 94. He was CFO of Brooke Bond Lipton from 1994 to 1996 and served in Unilever London between 1996 to 1999, as Sr. Vice President (Finance, IT and Strategy) for South Asia and Middle East. In April 1999 he returned to HUL as Finance & IT Director.
Sundaram was elevated as Vice Chairman of HUL in April 2008. In all, Sundaram has more than 34 years of experience with Hindustan Unilever Limited. He is a two-time winner of the prestigious "CFO of the Year for FMCG Sector" award by CNBC TV18 (2006 and 2008).
He is currently the Vice Chairman and MD of TVS Capital Funds Ltd in partnership with Gopal Srinivasan (TVS family) in a growth capital Private Equity Fund (TVS Shriram Growth Fund.) Assets under Management Rs. 1200 Cr. ($175m). Sundaram brings deep financial expertise and significant understanding of consumer related businesses to the PE operations.
Sundaram is a Post Graduate in Management Studies (MMS), Chennai, Fellow of the Institute of Cost and Management Accountants, and has done Harvard Business School's Advanced Management Programme (AMP).
Sundaram has served as an independent director on the Board of State Bank of India, between Jan 2009 to June 2014; of SBI Capital Markets between 2002 to 2014 and has been a member of the board of governors of Institute of Financial Management and Research, Chennai, since 2005.
He currently serves as an independent director on the boards of SBI General Insurance, GSK Pharma India, Crompton Greaves Consumer Limited and Trent Hyper Market (JV with TESCO).