Infosys ropes in Vishal Sikka as MD, Narayana Murthy to step down

Information technology services major Infosys has appointed SAP AG executive board member Vishal Sikka as the chief executive officer and managing director (CEO and MD) of the company.

The company, also announced executive chairman NR Narayana Murthy and executive vice-chairman S Gopalakrishnan will voluntarily step down on Saturday.

However, they will continue on the board till October 10, 2014, as the non-executive chairman and non-executive vice-chairman, respectively.Sikka was, until recently, a member of the executive board of SAP AG, leading all products and driving innovation globally.

He has worked closely with leaders of global companies in building breakthrough business solutions.

At SAP, he was responsible for all products, from traditional and cloud-based applications to technology and platform products including HANA, analytics, mobile and middleware.