R Seshasayee appointed as non-executive Chairman of Infosys

India’s second largest software services firm, Infosys has appointed R Seshasayee as non-executive chairman.
He will replace KV Kamath, who stepped had down to take over as President of the Shanghai based BRICS New Development Bank.
Since 2011, Seshasayee had served as an independent director of Infosys and was the chairperson of the company’s audit committee.  Presently, he is also member of Infosys’ nominations committee.
He is also non-executive vice chairman of Ashok Leyland and Chairman of IndusInd Bank.
R Seshasayee is a chartered accountant by profession. He had started his career with Hindustan Lever Limited in 1971.
Later in 1976, he joined Ashok Leyland Ltd. and was promoted as executive director in 1983, deputy managing director in 1993 and was elevated as managing director of the company in April 1998.

Month: Current Affairs - June, 2015