about narayan murthy

8/2/2019 About Narayan Murthy

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Introduction

y Nagavara Ramarao Narayana Murthybetter known as N. R.

Narayana Murthy, is an Indian businessman, software

engineer and the founder of Infosys Technologies, a consulting

and IT services company based in India. He is currently the

non-executive Chairman of Infosys. He was the CEO of the

company for 21 years, from 1981 to 2002.


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y After ste pping down as CEO in 2002, he has broadened his

scope of activities to social services as well as promoting India

globally. His estimated net worth is $1.6billion as of 2010.

y In 2009, his lectures delivered around the world have been

published as abookA Better India: A Better World


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Early life

y Born into a Kannada Madhwa Brahmin family in Mysore,

India on August 20, 1946, Murthy graduated with a degree in

electrical engineering from the National Institute of

Engineering, University of Mysore in 1967 after attending

government school, and received his master's degree from IIT

Kanpur in 1969.


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y His first position was at IIM Ahmadabad as chief systems

programmer where he worked on a time-sharing system and

designed and implemented a BASIC interpreter for ECIL

(Electronics Corporation of India Limited).


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y After IIM Ahmedabad, he then joined Patni ComputerSystems

in Pune. Before moving to Mumbai, Murthy met his wife

Sudha Murthy in Pune who at the time was an engineer

working at Tata Engineering and Locomotive Co. Ltd. (Telco,

now known as Tata Motors) in Pune.


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y In 1981, with an investment of Rs.10,000 ($250 at the time)

from his wife, he founded Infosys with six other software

professionals. He served a s t he president of the National

Association of Software and Service Companies, India from

1992 to 1994. Mr. Murthy is the brother-in-law of serial

entrepreneur Gururaj Deshpande and the uncle of former

NASSCOM Chairman and MphasiS chief Jerry Rao.


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Personal life

y His wife, Sudha Murthy ne

Kulkarni, is an Indian social

worker and accomplishedauthor. She is known for her

philanthropic work through the

Infosys Foundation. Her sister,

Jayashree Despande is wife ofenterpreneur and founder of

US-based Sycamore Networks,

Guru raj Deshpande.


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y They have two children -

Rohan and Akshata. Rohan

is engaged to Venu

Srinivasan's (of TVS motors)

daughter Lakshmi Venu.

Akshata Murthy is married

to Rishi Sunak.


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Corporate profile

y Murthy served as the founderCEO of Infosys for 21 years, and

was succeededby co-founderNandanNilekani in March 2002.

y At Infosys he articulated, designed and implemented the Global

Delivery Model which hasbecome the foundation for the huge

success in IT services outsourcing from India.


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y He serves on the boards of various companies and universities

across the world. Murthy serves as an independent director on

the board of the DBS Bank ofSingapore.

y This is the largest government-owned bank in Singapore. He

also serves as a director on the Central Board of the Reserve

Bank of India, as the co-chairman of the plc. and as a member

of the Board ofNDTV, India.


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y He also serves as an independent director on the board of the

European FMCG giant Unilever.

y He is an IT advisor to several Asian countries. He is also an

Independent Director on the board of HSBC.

y

He

also se

rve

s on the b

oards of the

Ford Foundation and UN

Foundation.


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y He is the chairman of the governing body of the International

Institute of Information Technology - Bangalore, and was the

Chairman of the Governing Body of the Indian Institute of

Management,Ahmedabad.


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y Mr. Murthy also sits on the Board of Governors of the Asian

Institute of Management (AIM), a graduate school ofbusiness

located in the Philippines and is also the Chairman of the Board

of Members of School of Management,Asian Institute of

Technology (AIT) located in Bangkok, Thailand.


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y Murthy retired from his executive position at Infosys on 20 August

2006. However, he continues as the Non-Executive Chairman of the

board.

y Murthy started a new venture capital fund called Catamaran

Venture Fund with the money he got by selling 800,000 Infosys

shares worth 174 Crores. Sudha Murthy does it againby helping him

in setting up his VC Fundby giving him Rs.430 crores which she got

by selling quarter of her stake 1.6% in Infosys.


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Rise ofINFOSYS

Powered by Intellect, Driven by Values


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y InfosysTechnologiesLtd

wasstartedin1981 byseven

people namely N.R.

NarayanaMurthy,Nandan

Nilekani,N.S.

Raghavan,Kris

Gopalakrishnan,S.D.Shibulal,K.Dinesh,Ashok

Arora.


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yToday,theyare agloballeaderinthe

"nextgeneration" ofITandconsulting

withrevenuesofoverUS$4.8 billion(FY

10).


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y Infosys defines, designs and delivers technology-enabled

business solutions that help Global 2000 companies win in a

Flat World. Infosys also provides a complete range of services

by leveraging our domain and business expertise and strategic

alliances with leading technology providers.


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y Vision

"To be agloballyrespected

corporationthatprovides

best-of-breed business

solutions,leveraging

technology,delivered by

best-in-classpeople."

y Mission

"Toachieve ourobjectives

inan environmentof

fairness,honesty,and

courtesytowardsour

clients, employees,

vendorsandsocietyat

large."


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Achievements & Accoladesy World Entrepreneurofthe Year- 2003

by Ernst & Young

y 1st Internationaloffice inU.S.A.

1987

y 1st Indiancompanylistedon NASDAQ

y Chairmanofcommittee on Corporate

Governance (2003)SEBI

y DesignedandimplementedaBASIC

interpreterforECIL


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Awardsy PadmaShri GovernmentofIndia

y PadmaVibhushan GovernmentofIndia

yOfficerofthe LegionofHonor Government ofFrance

y Orderofthe British Empire Government ofUnited

Kingdom.


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Quotesy People whoregularlysitlate inthe office don'tknowtomanage their

time.

y Ourassetswalkoutofthe dooreach evening.We have tomake sure

thattheycome backthe nextmorning.

y Progressisoften equaltothe difference betweenmindandmindset.

y Aclearconscience isthe softestpillowinthe world.

y Whenindoubt, disclose.


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Narayan Murthys Home


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Book:A Better India, A Better World.


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