Kiran Mazumdar re-appointed Infosys’ lead independent director

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Bengaluru, Jan 11 (IANS) India’s biotech queen and Biocon chairperson Kiran Mazumdar-Shaw was on Friday re-appointed as Lead Independent Director of software major Infosys from April 1 for 5 years.

“The board of directors has unanimously approved the re-appointment of Kiran Mazumdar-Shaw as the Lead Independent Director from April 1, 2019 to March 22, 2023,” said the city-based IT firm in a statement here.

The reappointment was made on the recommendation of the company’s nomination and remuneration committee.

“Kiran has been a pillar of strength to the board, especially over the last 18 months, as we steered the company to stability and growth,” said company’s chairman and co-founder Nandan Nilekani.

As chair of the nominations and remuneration committee, Kiran played a critical role in the CEO and CFO selection process.

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“Kiran’s continuity, experience and insights are valued by the board as they guide the company in executing its strategy in the coming years”, Nilekani added.

–IANS

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