Thursday 9 May 2013

N. R. Narayana Murthy


N. R. Narayana Murthy


Narayana Murthy, Chairman, Infosys, at the Horasis Global China Business Meeting 2006.jpgN.R. Narayana Murthy & familyNagavara Ramarao Narayana Murthy, better known as N. R. Narayana Murthy, is an Indian businessman and co-founder of Infosys. Murthy started Infosys in 1981 and served as its CEO from 1981 to 2002. From 2002 to 2011, he served as the Chairman. In 2011, he stepped down from the board and became Chairman Emeritus.

Early life and career

Murthy was born in in Mysore, Karnataka.[citation needed] He graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967. He received his master's degree from IIT Kanpur in 1969.[4]
Murthy worked at IIM Ahmedabad as chief systems programmer.[5] He started a company named Softronics. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune.[6]
Murthy founded Infosys in 1981[7] with an initial capital injection of Rs 10,000, which was invested by his wife Sudha Murthy.[8] Murthy served as the CEO of Infosys for 21 years and was succeeded by co-founder Nandan Nilekani in 2002.[8] At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor.[8][9] In August 2011, he retired completely from the company and taking the title Chairman Emeritus.[10][11]
Murthy serves as an independent director on the corporate boards of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV.[2][12]
He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions,[2][12] including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, and as a trustee of the Rhodes Trust [13] that manages the Rhodes Scholarship. He is also the Chairman of the Governing board of Public Health Foundation of India [14] He also serves on the Asia Pacific Advisory Board ofBritish Telecommunications.[12][15] In 2005 he co-chaired the World Economic Forum in Davos.[16] He also received an honorary degree from Lancaster University

[edit]Personal life

His wife, Sudha Murthy (née Kulkarni), is an Indian social worker and accomplished author. She is known for her philanthropic work through the Infosys Foundation. Her sister, Jayashree Deshpande is wife of enterpreneur and founder of US-based Sycamore NetworksGururaj "Desh" Deshpande.[17]

[edit]Awards and honours

YearNameAwarding organizationRef.
2013Sayaji Ratna Award (announced)Baroda Management Association, Vadodara[18]
2013Philanthropist of the YearThe Asian Awards[19]
2012Hoover MedalAmerican Society of Mechanical Engineers[20]
2011NDTV Indian of the Year's Icon of IndiaNDTV[21]
2010IEEE Honorary MembershipInstitute of Electrical and Electronics Engineers.[22]
2009Woodrow Wilson Award for Corporate CitizenshipWoodrow Wilson International Center for Scholars[23]
2008Padma VibhushanPresident of India[24]
2008Officer of the Legion of HonorGovernment of France[25]
2007Commander of the Order of the British Empire (CBE)Government of United Kingdom[26]
2007IEEE Ernst Weber Engineering Leadership RecognitionInstitute of Electrical and Electronics Engineers[27]
2000Padma ShriPresident of India[28]

[edit]References

  1. ^ "Narayana Murthy to retire in August". The Economic Times. 22 May 2006. Retrieved 20 April 2013.
  2. ^ a b c "N.R. Narayana Murthy & family". Forbes. Retrieved 20 April 2013.
  3. ^ "India Today 2005 Power List". Indiatoday.com. 21 February 2005. Retrieved 8 November 2011.
  4. ^ "Murthy to join HSBC board, to get over Rs 50 lakh annual fee". Articles.economictimes.indiatimes.com. 4 March 2008. Retrieved 8 November 2011.
  5. ^ "485 Interview with N.R. Narayana Murthy". India-seminar.com. Retrieved 7 March 2013.
  6. ^ Roy, Prannoy (29 March 2008). "An Interview With Narayana Murthy". maheshone. Retrieved 7 March 2013.
  7. ^ "Infosys Announces Leadership Succession". Infosys. 30 April 2011. Retrieved 7 March 2013.
  8. ^ a b c "Infosys Chairman Narayana Murthy Steps Down".yentha.com. 20 August 2011. Retrieved 20 August 2011.
  9. ^ Non-Executive Chairman - MSN Report.
  10. ^ "Infosys chairman Narayana Murthy calls it a day". The Times of India. 19 August 2011. Retrieved 19 August 2011.
  11. ^ "Friday farewell: Narayana Murthy logs out of Infosys".IBNLive. 20 August 2011. Retrieved 20 August 2011.
  12. ^ a b c Bloomberg Businessweek profile - N. R. Narayana Murthy CBE
  13. ^ "The Rhodes Trust and Trustees - The Rhodes Trust". Rhodeshouse.ox.ac.uk. Retrieved 8 November 2011.
  14. ^ "Narayana Murthyto chair PHFI". The Hindu (Chennai, India). 12 July 2011. Retrieved 19 July 2011.
  15. ^ "United Nations Foundation - N. R. Narayana Murthy (India)". Unfoundation.org. 20 August 1946. Retrieved 8 November 2011.
  16. ^ "How to build a great company". Rediff.com. 31 January 2005. Retrieved 8 November 2011.
  17. ^ Venkatesha Babu (18 December 2009). "Gururaj Deshpande - The serial entrepreneur". Mint (HT Media Ltd). Retrieved 22 March 2011.
  18. ^ BMA to honour Narayana murthy The Times of India 11-Mar-2013
  19. ^ Winners at the Asian Awards
  20. ^ "Infosys founder Narayana Murthy receives 2012 Hoover Medal". timesofindia.com. Retrieved 25 October 2012.
  21. ^ "NDTV Indian of the Year 2011". ndtv.com. Retrieved 19 October 2011.
  22. ^ "IEEE Honorary Membership Recipients". IEEE. Retrieved 20 December 2010.
  23. ^ "Wilson Center Awards Dinner in New Delhi, India".Woodrow Wilson International Center for Scholars. Retrieved 9 January 2009.
  24. ^ "Padma Vibhushan Awardees - Padma Awards - My India, My Pride - Know India: National Portal of India". India.gov.in. Retrieved 8 November 2011.
  25. ^ "Naryanamurthy receive highest civilian honour of France". The Times of India. Retrieved 26 January 2008.
  26. ^ "British Honorary Awards".
  27. ^ "IEEE Ernst Weber Engineering Leadership Recognition Recipients". IEEE. Retrieved 20 November 2010.
  28. ^ "N.R. Narayana Murthy | Infosys | Catamaran Fund | Personalities –". Karnataka.com. Retrieved 8 November 2011.


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