Nandan Nilekani : Chairman & EX-CEO of Infosys

Nandan Nilekani (born 2 June 1955) is an Indian entrepreneur, bureaucrat, and politician. He co-founded Infosys and is the Non-Executive Chairman of Infosys replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24th August 2017. He was the Chairman of the Unique Identification Authority of India (UIDAI). After a successful career at Infosys, he headed the Government of India’s technology committee, TAGUP. He is a member of Indian National Congress but not active in politics as of 2015.

Nandan Nilekani appointed as Non-Executive Chairman of the Board effective Aug 24, 2017.

Nilekani studied at the Bishop Cotton Boys’ School and St. Joseph High School Dharwad, Karnataka PU College Dharwad and received a bachelor’s degree in electrical engineering from the Indian Institute of Technology Bombay, Mumbai.

Nilekani, Murthy, and five others left Patni to start their own company, Infosys. Nilekani became the chief executive officer of Infosys in March 2002 and served as CEO of the company through April 2007, when he relinquished his position to his colleague Kris Gopalakrishnan and became co-chairman of the board of directors. Before assuming leadership as CEO in 2002, Nilekani held various posts, including managing director, president, and chief operating officer. He served as its CEO from March 2002 to April 2007. During his 5-year tenure as CEO, Infosys’ topline grew sixfold to $3 billion.

Nilekani left Infosys in July 2009 to serve as the chairman of the Unique Identification Authority of India, a cabinet-ranking position that he entered under the invitation of Prime Minister Dr. Manmohan Singh. As chair of the UIDAI, he is responsible for implementing the envisioned Multipurpose National Identity Card, or Unique Identity card (UID Card) project in India. Nilekani resigned from UIADI in 2014 to contest the 16th Lok Sabha Election.

He is a member of the board of governors of the Indian Council for Research on International Economic Relations (ICRIER) and the president of NCAER (the premier independent applied economics research institute in India). He also sits on several advisory boards, including those of the World Economic Forum Foundation and the Bombay Heritage Fund.

Nilekani joined Indian National Congress in March 2014 and contested from the Bangalore South constituency where he lost by 228,575 votes to BJP candidate Ananth Kumar in the 2014 Lok Sabha election.

Nilekani was made advisor by Narendra Modi Govt. to see the oversee the drive of Less-Cash economy after Demonetisation.

Nilekani is also a serial investor and he has invested in around 12 start-ups till date which includes: 10i Commerce, Juggernaut, Mubble Networks, Fortigo, P2SME, Railyatri, Axiom Consulting, Systemantics India, Sedemac Mechatronics, Disha Medical Services, Tracxn, LetsVenture. He has estimated net worth is about $1.7 Billion.

At the end of June 2017, Nilekani along with his wife and 2 children hold 2.29% of Stake in Infosys. Under the stewardship of Nilekani, Infosys saw a 42% CAGR in Dollar Revenue.

On his Appointment in Infosys, Nilekani said: ” I’m happy to return to Infosys in a new role of Non-Executive Chairman & look forward to work with  my Colleagues on the Board & in executive management on Business   opportunities we see before us…”

 

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