Infosys appoints Govind Iyer as an Independent Director

Infosys (NSE, BSE, NYSE: INFY), a global leader in nextgeneration digital services and consulting, today announced the appointment of Govind Iyer as an Independent Director of the Company, effective January 12, 2023. This appointment is based on recommendation of the Nomination and Remuneration Committee of the Infosys Board, and is for a period of five years, subject to the approval of shareholders.

Govind Iyer retired as a Partner at Egon Zehnder (a Global leadership advisory Firm). Prior to joining Egon Zehnder, Govind worked at Procter & Gamble, Coca-Cola, and Heinz. Govind has served on the Wharton Executive Education Advisory Board and is an active University of Pennsylvania alumnus. He has served on the Advisory Board of Asian Venture Philanthropy Network (AVPN). He is a founding board member and Chairperson of Social Venture Partners in India, is a board member at GIVE India, and is a #LivingmyPromise signatory. Govind has a Bachelor of Engineering degree from Regional Engineering College, Trichy, and an MBA from The Wharton School, University of Pennsylvania.'

Welcoming Govind to the Board, Kiran Mazumdar-Shaw, Lead Independent Director and Chairperson of the Nomination and Remuneration Committee, Infosys, said, "We are delighted to welcome Govind to the Board of Infosys. He is a globally respected corporate leader and his deep and diverse experience in the areas of advisory services and philanthropy will be of great value to us."

Shares of Infosys Limited was last trading in BSE at Rs. 1480.55 as compared to the previous close of Rs. 1471.45. The total number of shares traded during the day was 227373 in over 14892 trades.

The stock hit an intraday high of Rs. 1485.00 and intraday low of 1455.25. The net turnover during the day was Rs. 334503855.00.

Source : Equity Bulls

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Infosys INE009A01021 INFY Appointment IndependentDirector