Infosys loses long-serving senior executive

Infosys loses long-serving senior executive
Photo Credit: Photo Credit: VCCircle
2 May, 2019

Senior Infosys executive Suryaprakash Kareenahalli has quit after more than a decade at the homegrown IT services giant.

A senior vice president who was heading India delivery for Infosys, Kareenahalli has left to join the Bengaluru office of New York-headquartered Institute for Personal Leadership as an executive director, his Linkedin profile shows.

Infosys said it does not comment on the appointment or exit of non-key managerial personnel as a rule.

The 52-year-old Kareenahalli had two spells with Infosys, split by a 10-month stint as head of the consumer packaged goods segment at peer Wipro Ltd. At Infosys, he was also the service offering head for retail, consumer packaged goods and logistics as well as the global head of the legacy modernisation practice.

Kareenahalli’s departure follows several other high-profile exits at Infosys in the 16 months since Salil Parekh took charge as chief executive of the Bengaluru-based firm.

Manufacturing head Nitesh Banga. head of consulting Ken Toombs, Europe head and president Rajesh Krishnamurthy and chief financial officer MD Ranganath have all moved on during this period.

Infosys had recently reported a 10.4% jump in profits for the quarter ended March, thanks to the firm bagging high-value contracts.

CEO Parekh said that the company’s investments were starting to yield benefits and the firm was looking forward to deploying various measures of operational efficiencies.

“We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of digital portfolio, large-deal wins and client metrics,” said Parekh.