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Infosys swaps manufacturing and finance heads

business Updated: Feb 03, 2012 21:57 IST

Reuters
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The heads of Infosys Ltd's, India's second-largest software services provider, are swapping jobs, in an indication that both are contenders to take over the chief executive's post when it opens up in 2015, the company said on Friday.

BG Srinivas, global head of manufacturing and engineering services, will head the financial services and insurance operations.

Ashok Vemury, who now heads the finance services business, will take on the manufacturing unit's leadership.

The appointments are effective from April 1.

The chief executive's post will fall vacant in 2015 when SD Shibulal retires, along with co-chairman S Gopalakrishnan.

"They are candidates, but they are not (the) only candidates," Gopalakrishnan said.

"What we have to do is make sure that for everyone at the leadership position that we give them the opportunity to different parts of the business, different experiences, make sure that they get visibility into the board," he said.