Venkatesan told in an interview here when asked what message does his appointment sends to the stakeholders that "This is fairly seamless sort of action. I have been on the board for six years and it signals continuity and the need to double down on the agenda that the board has and Vishal (Sikka) has embarked on”.
Earlier on Thursday last, Infosys elevated its independent director Ravi Venkatesan as co-chairman. The move is widely seen as a step taken by the board to end its public spat with founders, mainly NR Narayana Murthy. Venkatesan said "At Infosys, we got another leadership happening concurrently which is from promoter-led company to professional board or professional CEO”.
He added "So, we have got fairly large set of challenges. I see, there is a heck of a lot of turbulence headwinds and software, and things like that. In this scenario, I see myself supporting Sesha (Seshasayee) and the board. Also, working closely with Vishal Sikka on whole set of issues”.
Venkatesan also added "If you got to fly a plane through a storm, it is helpful to have a co-pilot in the cockpit”. Infosys is in the eye of a storm with the spat between Infosys chairman emeritus Narayana Murthy and company CEO Vishal Sikka. The promoter has raised governance issues including the pay hike of Infosys COO Pravin Rao. On the other hand, Infosys Chairman R Seshasayee said challenges bring people together.
YS Jagan on his fourth day in Anantapur district Andhra Pradesh sources have made a statement that the AP Leader of Opposition, YS Jagan Mohan Reddy had resumed his Praja Sankalpa Yatra on Day 30 on Saturday which was his fourth day in Anantapur district.
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