Double Leadership
Ravi Venkatesan, former chairman of Microsoft India and an independent director of IT giant Infosys, has been named the CoChairman by the company's board. The appointment of the tech veteran and philanthropist is being seen as a move to end the recent disagreement between the founders and the board members, which has embarrassed the company. "This is an exciting time for the technology industry and I am delighted to have the opportunity to work more closely with Sesh (R. Seshasayee) and with Vishal (Sikka) and his leadership team in their transformational journey," Venkatesan said on his appointment. However, in his new role, he would not be playing the peacemaker between the two parties, he said. Venkatesan is also non-executive chairman of Bank of Baroda and earlier served as the Chairman of Cummins India. He is well-known for his philanthropic initiatives.