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2017-08-26 / Admin

Nandan Nilekani returns to Infosys as new chairman

The return of former boss Nandan Nilekani to Infosys is intended as a return to normality for investors and the tech company’s 200,000 employees, drawing a line under the bitter public battle between board members and founders.

The dramatic exit of Infosys' chief executive Vishal Sikka late last week took uncertainty to new highs and prompted several days of falling shares. A group of 12 major institutional investors wrote to ask for Nilekani - one of Infosys' seven co-founders, though largely absent from the spat - to come back on the board.

He was appointed on Thursday.

But Nilekani, a respected, jovial figure familiar from Davos debates and television commentary, faces an unenviable challenge as he comes back to the Infosys fold, a decade since his departure.

He is returning as chairman to a different Infosys than the one he left when he stepped down as co-chairman to run India’s national ID project in 2009, having first served as chief executive from 2002 to 2007 and quadrupled revenues during that tenure.

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