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Infosys Ltd board reappoints Kiran Mazumdar-Shaw as Lead Independent Director

Posted On: 2019-01-11 16:42:34

Based on the recommendation of the Nomination and Remuneration Committee of Infosys Ltd, the board considered and approved the reappointment of Kiran Mazumdar-Shaw as the Lead Independent Director for the second term from April 1, 2019 to March 22, 2023, subject to shareholders' approval.

Kiran Mazumdar-Shaw, (Kiran) is a Lead Independent Director of Infosys Limited and a Chairperson & Managing Director of Biocon Limited, a leading biopharmaceutical company based in Bangalore, India.

Kiran is a well-regarded global influencer and has been named among TIME magazine's 100 most influential people in the world. Her pioneering efforts in biotechnology have drawn global recognition for both the Indian industry and Biocon.

She has been conferred with the prestigious AWSM Award for Excellence in 2017, by the Feinstein Institute for Medical Research of Northwell Health and the U.S. based Chemical Heritage Foundation conferred her with the '2014 Othmer Gold Medal'. She has also been conferred with the Highest French Distinction - 'Knight of the Legion of Honour' in 2016, and 'The Global Economy Prize for Business' in 2014 by the Kiel Institute for the World Economy, Germany, for her outstanding contribution and dedication to the biosciences and research field globally. Kiran is the proud recipient of India's two highest civilian honours - Padma Shri (1989) and Padma Bhushan (2005).

She has featured in the Forbes' list of 'World's 100 Most Powerful Women'; Scientific American's 'The Worldview 100 List' of most influential visionaries; and Fortune's 'Top 25 Most Powerful Women in Asia-Pacific'. Recently she topped the 'Medicine Maker Power List 2018', in the Business Captains category, an index of the 100 most influential people across the globe in the field of medicine.

Kiran is a member of the Board of Trustees of the MIT, USA and also serves on the Board of Narayna Health and IIT Mumbai. She is passionately driven to make healthcare affordable & accessible and is committed to develop drugs that have the potential to benefit a billion patients. Kiran is the second Indian and the first woman signatory to the 'Giving Pledge' of the Gates Foundation.

Kiran holds a bachelor's degree in science (Zoology Hons.) from Bangalore University and has earned a master's degree in malting and brewing from Ballarat College, Melbourne University. She has been awarded with several honorary doctorates from reputed universities across the globe, for her pre-eminent contributions in the field of biotechnology.

Shares of INFOSYS LTD. was last trading in BSE at Rs.683.7 as compared to the previous close of Rs. 679.75. The total number of shares traded during the day was 965600 in over 12333 trades.

The stock hit an intraday high of Rs. 686 and intraday low of 672.8. The net turnover during the day was Rs. 655479670.

Source: Equity Bulls

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