Ending all speculations, Nandan Nilekani was on Thursday named ZeeN after R Seshasayee and co-chair Ravi Venkatesan quit. Nilekani was one of the seven founders that set up Infosys more than three decades ago and served as its CEO from March 2002 to April 2007.
In a sudden move, Infosys’ first non-founder CEO, Vishal Sikka, resigned last week citing slander by founders. Notably, the Infosys board issued a stinging statement blaming Murthy for the CEO’s resignation. Infosys has said it will find a CEO replacement latest by March 31, 2018.
On August 18, the day Sikka announced his resignation, investor advisory firm Institutional Investor Advisory Services (IiAS) said it favoured Nilekani being brought back on the board as its non-executive chairman.