Infosys seeks govt nod for Rohan Murty's appointment
Software major Infosys Ltd has sought the approval of the union ministry of company affairs (MCA) on the appointment of Rohan Murty as executive...
The spokesperson declined to comment on media reports that Rohan would be re-designated as vice-president
Bangalore (Agencies): Software major Infosys Ltd has sought the approval of the union ministry of company affairs (MCA) on the appointment of Rohan Murty as executive assistant to his father, chairman NR Narayana Murthy, spokesperson said on Sunday. "We have sought the approval as appointment of relatives of board members needs to be approved by the ministry. As Rohan has joined as an employee, we sought the approval, though not mandatory, to avoid any controversy in future," a company spokesperson said.
The 30-year old Rohan is a junior fellow at the Society of Fellows at Harvard University. He is a PhD in Computer Science from the prestigious university and did his Bachelor's in Computer Science from Cornell University. He has held fellowships at MIT, Caltech and Microsoft Research.
Rohan joined the company in June 1, when his father, the 67-year-old Murthy, almost two years after he stepped down from the executive post. Since Murthy returned to the board as a whole-time director, his son's appointment as his executive assistant require a formal approval. The spokesperson, however, declined to comment on media reports that Rohan would be re-designated as vice-president. Rohan's new designation, if any, will be notified after the process of his appointment as executive assistant to the chairman is completed, the official added.
While analysts look at the development as, the step-by-step promotion in the process of grooming the incumbent for higher responsibilities in the company. For instance, the son of IT czar Azim Premji, Rishad Premji, who joined Wipro in 2007 as business head for special projects in the banking and financial services vertical rose to become chief strategy officer of the firm in 2010.
Mr. Rishad was also promoted to the post of vice-president of the country's third largest software services exporter in June this year. In January 2013, Azim Premji had said his son Rishad will never be the chief executive of his company Wipro, but will represent promoter ownership on the company's board.