
Bangalore, Aug. 25 (Agencies): Former Infosys boss Nandan Nilekani, who has taken the helm again, on Friday promised to look into the issues that had created bad blood between the board and co-founder N.R. Narayana Murthy and led to the exit of CEO Vishal Sikka.
Nilekani, who was CEO from 2002-2007 and later co-Chairman, was brought back as non-executive chairman on Thursday night. He began Friday with an early morning conference call that was to be followed by a press conference.
Nilekani confessed he is an admirer of Murthy, who he described as an iconic figure who had helped the company set high standards of corporate governance.
”Many good practices (of corporate governance) including full disclosures and transparency, SEC filings... were spearheaded by Infosys. I will ensure Infosys, Murthy and the founders have a healthy relationship,” Nilekani told investors on the conference call.
Infosys has been in turmoil since February, with the promoters alleging lapses in corporate governance and flagging a $200-million acquisition under Sikka, who had been brought in by Murthy himself from Germany’s SAP three years ago to be the first outsider to head Infosys.
Sikka had quit last Friday citing constant sniping from the co-founders, following which the Infosys board had issued a scathing statement on August 18 to the stock exchanges blaming Murthy for a “misguided” campaign against Sikka.
Nilekani dodged a specific query on whether Infosys will withdraw that statement. But he promised to look into the gamut of issues to the “satisfaction of all parties”.
Nilekani, who had left Infosys in 2009 to build the Aadhaar, the world’s largest biometric identification project, said Infosys would be a board-managed company with high standards of corporate governance.
Nilekani said his appointment was a “unanimous” board decision and Murthy too was “supportive” of his coming in.
He highlighted his past roles as a ”consensus builder”, citing his work at the Unique Identification Authority of India, the organization behind the Aadhaar.
He pointed out that work on the Aadhaar was begun by one government and carried forward by another.
“My job has been consensus building... I assume that people will see me as a unifier. I will bring those skills I have,” he said.
”Alignment of views among all stakeholders, including institutional investors, the founders, the board and the management is the need of the hour,” he added.
He said he will be able to offer details of the strategy in October and is focussed on bringing “complete stability”.
”I will ensure there are no discordant voices in the company and everyone is on the same page,” he asserted.
Nilekani is also seen as someone who the co-founders, led by Murthy, would listen to and one who can restore order in the troubled company, they said.
Nilekani recalled that Murthy had given him a job at the start of his career. In 1981, Nilekani joined Murthy and five engineers who set up Infosys with a capital of just $250.
Today, Infosys is a $10-billion technology behemoth with a global clientele spanning the US, Europe and other markets.