IT major Infosys on Friday appointed board member R Seshasayee as the non-executive chairman in place of KV Kamath, who is set to take over as head of the New Development Bank of the BRICS group in July.
Seshasayee, whose appointment is with immediate effect, has been an independent director on the company’s board since January 2011, and is the chairperson of the audit committee. His other board positions include non-executive vice-chairman of Ashok Leyland and chairman of IndusInd Bank.
Infosys CEO & MD Vishal Sikka thanked Kamath for his extraordinary contribution to Infosys over the years and wished him the very best. “He has been a great mentor to me personally and I look forward to his continued guidance as a well-wisher of this company,” he added.