NEWS

Rohan Murthy set to become VP at Infosys

By VARINDIA - 2013-09-12

As per a recent update, son of Infosys Chairman NR Narayana Murthy, Rohan Murthy who joined the company as an executive assistant to his father, will soon be designated as Vice President.

Infosys(NYSE:INFY) spokesperson said, "Rohan Murthy's appointment at Infosys is yet to be approved by the Ministry of Corporate Affairs. His designation in the company will be confirmed once the process of his appointment has been completed."

Narayana Murthy, who returned to Infosys in June to help the embattled IT behemoth, had said he will be more effective with his son Rohan as an executive assistant but made it clear the latter has no leadership role."Rohan will be my executive assistant. He has no leadership role," said Narayana Murthy.

Rohan's term as executive assistant to the chairman is co-terminus with that of Narayana Murthy. He had requested that he should also be paid only a token compensation of rupee one per year.Prior to his role at Infosys, Rohan Murty was part of a team that worked at venture capital fund Catamaran Investment Pvt. Ltd, which was created in 2006 after his parents sold part of their stake in Infosys to create a corpus worth more than $100 million.