Kiran Mazumdar re-appointed Infosys' lead independent director

The reappointment was made on the recommendation of the company's nomination and remuneration committee.

Published: 12th January 2019 12:34 AM  |   Last Updated: 12th January 2019 12:34 AM   |  A+A-

Kiran Mazumdar Shaw

Kiran Mazumdar Shaw (Photo | EPS)

By IANS

BENGALURU: India's biotech queen and Biocon chairperson Kiran Mazumdar-Shaw was on Friday re-appointed as Lead Independent Director of software major Infosys from April 1 for 5 years.

"The board of directors has unanimously approved the re-appointment of Kiran Mazumdar-Shaw as the Lead Independent Director from April 1, 2019 to March 22, 2023," said the city-based IT firm in a statement here.

The reappointment was made on the recommendation of the company's nomination and remuneration committee.

READ: Infosys announces Rs 8,260 crore buyback; to offer special dividend

"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," said company's chairman and co-founder Nandan Nilekani.

As chair of the nominations and remuneration committee, Kiran played a critical role in the CEO and CFO selection process.

"Kiran's continuity, experience and insights are valued by the board as they guide the company in executing its strategy in the coming years", Nilekani added.

 

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