Leadership for Infosys is absolutely essential, believes NR Narayana Murthy.
Having successfully steered Infosys to a place among the top IT companies of the world in the short span of 20 years, Murthy has stepped down as Chairman of the company today, albeit with firm indications that he will continue to guide the organisation.
In his farewell speech Murthy said he is confident that Infosys, with its new leadership, will go from being a USD 6 billion company to a USD 60 billion company soon.
"I didn't ever thought that I would be saying goodbye to an Infosys of this size," Murthy divulged at a function held to commemorate his last day at the office.
Murthy's vision and business sense made the company go from strength to strength. In 1993, Infosys got listed in the Indian markets and later became the first Indian company to be listed on the New York-based NASDAQ in 1999.
Murthy served as the company's CEO for over 20 years between 1981 and 2002 and as the Executive Chairperson of the board from 2002 to 2006.
Murthy, a non-believer in legacy, will hand over his role to KV Kamath, who has been an independent director on the Infosys board since May, 2009.
His exit as the chairman will mark the end of a formal association with the company, but he will continue to guide the organisation in the capacity of Chairman Emeritus.
"I am not going to reminisce or be nostalgic about the past," he said.
Murthy asked Infoscions to resurrect Infosys Leadership Program, which had been abandoned by the company.
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