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Nilekani must stay at Infy for 2-3 yrs, Ravi needs to go: Bala

Updated: Sun, Aug 27, 2017
12:19 pm
PTI
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Infosys ex-CFO V Balakrishnan has said new Chairman Nandan Nilekani should continue his stint for 2-3 years to chart out a proper succession plan and ensure that efforts of the company to be professionally-managed do not "fail again".

Balakrishnan, who has been one of the most vocal critics flagging alleged erosion in corporate governance standards at Infosys, also stuck to his demand that co-chair-turned- independent director Ravi Venkatesan step down from the Board.

"...it was a big experiment that happened in 2014 with professional board handling the company, CEO replacing the founders but because the Board has not functioned well, that experiment failed. So the experiment should not fail again," he told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)