Infosys rejigs top management; Srikantan Moorthy to head HR and Gautam Thakkar, new BPO MD

BANGALORE: InfosysBSE 0.06 % will have new heads for its human resources (HR) department and its business process outsourcing (BPO) unit from April, the latest changes at senior levels in a company under pressure to demonstrate that it is not falling too far behind the growth leaders in India’s software industry. Infosys said in a note posted on its website that Nandita Gurjar is stepping aside as head of human resources to oversee education and research.

She swaps roles with Srikantan Moorthy, whose main job now will be to lift morale among the Bangalore-based company’s about 1.5 lakh employees. Gautam Thakkar will take over as CEO and managing director of Infosys BPO from Swami Swaminathan , who is retiring after nine years at the company. Moorthy and Thakkar are taking over their new roles when the software firm is facing one of its toughest periods.

Infosys is struggling to keep pace with Tata Consultancy Services (TCS) and HCL Technologies on revenue growth while TCS has bested it on the margin front. Although Infosys results for the third quarter which ended in December 2012 were above expectations , it is forecast to finish the financial year with growth of just 5%, or less than half the industry average.

In the BPO division which accounts for about 5% of sales, several senior executives have quit, including Suranjan Pramanik, global business head for high-tech and manufacturing verticals, Purnima Menon, head of marketing, Raj Reddy, head global talent planning , Ayan Chakraborty, country manager for Philippines who later joined rival TCS, and Michael Wong, delivery head for China operations . Ritesh Idnani left as COO in May.

At the parent company, senior exits in the recent past include former HR and finance head TV Mohandas Pai, sales head Subhash Dhar and Shaji Farooq, senior vice-president and head of financial services. Nandita Gurjar has been responsible for driving human resource initiatives after Pai left.

One of them being a new policy called Infosys Role and Career Enhancement (iRace) that was introduced in late 2009. The iRace programme faced a lot of criticism from employees as it increased the minimum working tenure between two promotions.


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