MD Ranganath's departure irreplaceable loss for Infosys at a critical juncture: Narayana Murthy
Updated : August 20, 2018 10:01 AM IST
Describing him as "one of the best CFOs" in India and a "rare individual", Murthy said in a statement that Ranganath understood all important stakeholders, including clients, delivery teams, employee aspirations, finance, investors, governance, the law, as also "the role of an ethical business in building a better society".
"He is everything the idea of Infosys has always stood for. His departure is an irreplaceable loss for Infosys at this critical juncture," said Murthy.
The comments assume significance given the protracted stand-off in the past between him and the previous Infosys management over issues of corporate governance and severance package doled out to former executives like Rajiv Bansal.