Mohandas Pai to step down from Infosys, wants new leadership
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India's second largest IT company Infosys today announced its board member and HR Director Mohandas Pai, who was once tipped to be the Chief Operating Officer, will step down in June this year.
Pai said he was demitting office to provide an opportunity to a new set of people to lead the firm and bring it amongst the top three global players.
"We have brought this company, from the time when it was USD 10 million in 1994, to a USD 6 billion company, globally dominating the top 10. It's time to go to the top three in the next five years."
Pai has resigned from the board of directors as well as from the company itself.
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