Rohan Murty, Infosys co-founder NR Narayana Murthy's son, is working as an executive assistant to his father, CEO and Managing Director SD Shibulal said on Friday, addressing concerns about his role.
Narayana Murthy, who returned to Infosys in June as Executive Chairman of the Board to help the embattled IT behemoth, had said he would be more effective with Rohan as an
executive assistant and made it clear that his son would have no leadership role.
"Narayana Murthy had clearly articulated what his (Rohan) role is going to be and he is performing that role," Shibulal said in an interview to CNBC TV18, when asked about Rohan's role and position in Infosys. "There have been queries from investors and we have responded to those queries."
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Will Rohan Murty get a bigger role in Infosys?
Photographs: Rajesh Karkera/Rediff.com
Rohan's term as executive assistant is co-terminus with that of Narayana Murthy and he had requested a token compensation of one rupee a year.
Although Narayana Murthy had stated that his son would have no leadership role in the company, sources had suggested in August that Rohan is expected to assume the role of vice president in the firm.
On his possible promotion to the post, Infosys had then said: "Rohan Murty's appointment at Infosys is yet to be approved by the Ministry of Corporate Affairs. His designation in the company will be confirmed once the process of his appointment has been completed."
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Will Rohan Murty get a bigger role in Infosys?
Photographs: Courtesy, eecs.harvard.edu
Rohan, 30, is a junior fellow at the Society of Fellows at HarvardUniversity. He is a Ph.D in Computer Science from the prestigious university and did his Bachelor's in Computer Science from CornellUniversity. He has held fellowships at MIT, Caltech and Microsoft Research.
Infosys said consolidated net profit rose 1.6 per cent to Rs 2,407 crore in July-September from Rs 2,396 crore.
Consolidated revenue was up 31.5 per cent to Rs 12,965 crore from Rs 9,858 crore in the review period.
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