Friday, November 27, 2009

Pai denies ‘turf war' at Infosys

BANGALORE: The news of two Infosys top executives leaving the company due to various reasons, has given air to the rumor that a turf war is brewing in the top echelons of the IT behemoth, however, top brass of the company categorically denied any such thing.

Recently, a citizen journalist website, citing sources claimed that there was a “bitter turf war” within the company which puts Infosys at a risk of “losing some of the most respected executives in India.” “There existed two extremely strong factions within Infosys - Nandan Nilekani and Mohandas Pai…A united face to the world, the continuous tension between the two head honchos was a well kept secret restricted to the inner circle.

Those in Nandan’s faction (read Amitabh Chaudhary) are slowly being edged out of the inner circle after Nandan left the top post.

Latest to hit the bandwagon are Rishi Jain (AVP and Head of Corporate Planning at Infosys BPO) and Purnima Menon (Head - Marketing for Infosys BPO),” the website said.

Infosys HR Head, Mohandas Pai told Express, “There is no such turf war. Joydeep is leaving but he had put in his papers three months ago for personal reasons and we would be finalizing his successor shortly.” “Rishi and purnima have not resigned!” he added.

The resignation of Joydeep, who heads the Knowledge Process Outsourcing business of the company, was reported by news papers on Thursday.

Knowledge services contribute about 10 per cent of Infosys BPO’s annual revenue of over Rs 1,450 crore. Joydeep took over from Ramit Sethi, who quit last year to head the KPO practice at Wipro.

Amitabh Chaudhry, who took over as the Chief Executive of Infosys BPO in March 2006, had reportedly submitted his resignation on Tuesday.

The BPO arm of Infosys employs about 16,000 staff and offers finance and accounting, human resource and legal services outsourcing.

Chaudhry who is tipped to join HDFC Standard Life Insurance to head its business in India as CEO could not be contacted and HDFC Standard Life Insurance spokesperson declined to comment.

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