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He would continue as the Non-Executive chairman until 10th October. On 12th June 2014 it was announced that Murthy would step down as the Executive chairman effectively on 14th June. On 1st June 2013, Murthy returned to Infosys as the Executive chairman and Additional Director. In 2005 he co-chaired the World Economic Forum in Davos. He serves on the Asia Pacific Advisory Board of British Telecommunications. He is also the Chairman of the Governing board of Public Health Foundation of India. He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV. In August 2011, he retired from the company, taking the title chairman Emeritus. He was the chairman of the board from 2002 to 2006, after which he also became the Chief Mentor. At Infosys he articulated, designed and implemented the Global Delivery Model for IT services outsourcing from India. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002 and was succeeded by co-founder Nandan Nilekani.

Murthy and his six software professionals founded Infosys in 1981 with an initial capital investment of Rs 10,000, which was provided by his wife Sudha Murthy. ДЄ bitter experience on a train in 1974 in NiЕЎ, a border town between what is now Serbia and Bulgaria, turned N R Narayana Murthy into a 'compassionate capitalist' from a 'confused leftist', leading him to create Infosys. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune. There he worked on India's first time-sharing computer system and designed and implemented a BASIC interpreter for Electronics Corporation of India Limited. Murthy first served as a Research Associate under a faculty at IIM Ahmedabad and then later served as the chief systems programmer. In 1969 he received his master's degree from the Indian Institute of Technology Kanpur. After completing his school education, he went to the National Institute of Engineering and graduated in 1967 with a degree in electrical engineering. Narayana Murthy was born on 20 August 1946 in Sidlaghatta in the Kingdom of Mysore in British India (present-day Chikkaballapura district, Karnataka, India) into a middle-class Kannadiga Hindu Madhwa Brahmin family. He is the father-in-law of Rishi Sunak, a British MP and the current Chancellor of the Exchequer. Murthy has been honoured with the Padma Vibhushan and Padma Shri awards. He has been described as the 'father of the Indian IT sector' by Time magazine and CNBC for his contribution to outsourcing in India. Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortune magazine. In June 2013, Murthy was appointed as the executive chairman for a period of five years. In 2011, he stepped down from the board and became the chairman emeritus. He started Infosys in 1981 and was the CEO from 1981 to 2002 as well as the chairman from 2002 to 2011. He graduated from National Institute of Engineering, University of Mysore with a bachelor's degree in electrical engineering and a master's degree from the Indian Institute of Technology Kanpur.Д«efore starting Infosys, Murthy worked at Indian Institute of Management Ahmedabad as the chief systems programmer, and Patni Computer Systems in Pune (Maharashtra). Murthy was born and raised in Shidlaghatta, Karnataka. He is the founder of Infosys, and has been the chairman, chief executive officer (CEO), president, and chief mentor of the company before retiring and taking the title chairman emeritus. Nagavara Ramarao Narayana Murthy CBE LH (born 20 August 1946) is an Indian billionaire businessman. Sidlaghatta, Kingdom of Mysore, British India (present-day Karnataka, India)

#FINACLE 10 MENU SOFTWARE#

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