Institutional EYE

Commentary on Corporate Governance Issues

Infosys: Fighting the wrong battle

The appointment of Ravi Venkatesan as Co-Chairman may be construed as signs of Infosys’ board listening to feedback. But, in doing so, it has courted another controversy. IiAS believes that Infosys is now fighting the wrong battle: instead of focussing on its performance, it is now spending more time focussing internally and quelling perceptions. Ravi Ventakesan’s appointment as Co-Chairman has spurred yet another controversy for Infosys. With increasing criticism from Narayan Murthy on Seshayee’s ability to lead the board, Infosys’ board seems to have caved in and added another layer of leadership at the board level. While this may have been done to appease Narayan Murthy, IiAS believes thi

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