Thursday 17 January 2019
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business-standard - 6 days ago

Kiran Mazumdar-Shaw gets second term as Infosys lead independent director

Technology giant Infosys Friday said its board has reappointed Kiran Mazumdar-Shaw as the lead independent director for a second term. Based on the recommendation of the Nomination and Remuneration Committee (NRC), the board considered and approved reappointment of Mazumdar-Shaw as lead independent director for a second term from April 1, 2019 to March 22, 2023, subject to shareholders approval, Infosys said in a BSE filing. Infosys Chairman Nandan Nilekani said Mazumdar-Shaw s continuity, experience and insights are greatly valued by the board as it guides the company in executing its strategy in the coming years. Kiran has been a pillar of strength to the board, especially over the last 18 months, as we steered the company to stability and growth. As chair of the NRC, she played a critical role in the CEO and CFO selection process, Nilekani said. Mazumdar-Shaw also serves as the chairperson and managing director of biopharmaceutical company Biocon. Infosys board also approved .

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