Big Blow to Infosys, Former CFO Bala Quits

After a spate of high profile exits in 2013, information technology major Infosys suffered its biggest blow yet as former CFO and member of executive council V Balakrishnan announced his resignation from the company

Published: 21st December 2013 11:54 AM  |   Last Updated: 21st December 2013 11:54 AM   |  A+A-

After a spate of high profile exits in 2013, information technology major Infosys suffered its biggest blow yet as former CFO and member of executive council V Balakrishnan announced his resignation from the company.

Balakrishnan, known in the ranks as “Bala”, announced his resignation as a member of the board and from the company with effect from  December 31.

Though the actual cause of his sudden decision is not known, his resignation has elicited an emotional response from Infosys co-founder N R Narayana Murthy as well. In a statement, Murthy said, “It is difficult to imagine Infosys without Bala’s passion, commitment and intellect.”

Bala, in a statement, said, “While my heart will always be with Infosys my mind wants to do something beyond Infosys.” Bala is currently (until his last day) the member of the Board in charge of Infosys BPO, Lodestone, Finacle, India Business Unit and Global Immigration.

 High Profile Exits

* V Balakrishnan, former CFO, head, BPO business

* Subrahmanyam (Subu) Goparaju, Sr  VP and Head of Infosys Labs

* Humberto Andrade, BPO head for Latin Americas

* Ashok Vemuri, Head of Americas business

* Sudhir Chaturvedi, VP and Financial services head for Americas

* Basab Pradhan, global sales head

* Stephen Pratt, co-founder, Infosys Consulting

* Kartik Jayaraman, Head of BPO sales, Australia

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp