Infy shuffles its leadership pack, post changes

BANGALORE, INDIA: As a part of its leadership transformation plans that it started rolling out last year, Infosys Limited announced some changes on Friday.

B.G. Srinivas, global head of Manufacturing & Engineering business, will take over as the new leader of the company's Financial Services & Insurance business. Ashok Vemuri, present global head of its Financial Services & Insurance business, will now lead the company's Manufacturing & Engineering business. The changes are effective April 1, 2012.

"This change builds on our successful organization transformation last year to broaden key leadership experiences at Infosys. The transition builds on the significant contributions made by both Srinivas and  Vemuri over the past decade, as they have incubated new businesses and expanded Infosys's footprint in the American and European markets."

Announcing the new responsibilities, S.D. Shibulal, CEO and managing director, Infosys, said, "We have always focused on giving our leaders a diverse set of experiences over time to fully realize their potential. Ashok and BG's track record in leading high growth organizations has been superb. This change allows them to leverage cross-industry experience to help our clients Build Tomorrow's Enterprise."

Vemuri and Srinivas, both members of the Infosys Board of Directors, will continue with their existing regional leadership responsibilities for the Americas and Europe, respectively.