Priority is to Bring Stability and Streamline Future Preparedness: Nandan Nilekani, CEO of Infosys

The first priority of the newly appointed non executive chairman of Infosys, Nanandan Nilekani is to bring stability to the organisation with an eye on future.

Playing his second innings after a decade, founder Nilekani talking to newsmen after his first Board meeting here today said "The board is foscussed on bringing complete stability to the company. it has now tasked its committee of Directors to work with the CEO and the management to review and refresh the company's strategy by October."

Mr Nilekani who tookover the reigns of the controversy battered software major said Infosys was an iconic organisation of the country and all efforts would be made to ensure that its prestige was salvaged. ''I represent 100 per cent of the shareholders and would remain as long as my task is completed''. However he declined to give any timeline.

He said the Committee of directors which included independent directors Ravi Venkatesan and D N Prahlad has been mandated to prepare the future strategy of Infosys and present it before the next Board Meeting in October.
He said he would also engage with the shareholders, both small and large, on further steps need to be taken by the company to continue to adhere to high standards of governance.