Biography of N. R. Narayana murthy.
Nagavara Ramarao Narayana Murthy
Nagavara Ramarao Narayana Murthy (born 20 August 1946) is an Indian billionaire businessman, and philanthropist. He is the co-founder of Infosys, and has been chairman, chief executive officer (CEO), president, and chief mentor, before retiring and taking the title chairman emeritus.
Nagavara Ramarao Narayana Murthy (born 20 August 1946) is an Indian billionaire businessman, and philanthropist. He is the co-founder of Infosys, and has been chairman, chief executive officer (CEO), president, and chief mentor, before retiring and taking the title chairman emeritus.
Before starting Infosys, Murthy worked with Indian Institute of Management Ahmedabad as chief systems programmer, and Patni Computer Systems in Pune (Maharashtra). He started Infosys in 1981 and was its CEO from 1981 to 2002, and chairman from 2002 to 2011. In 2011, he stepped down from the board and became chairman emeritus. In June 2013, Murthy was appointed as executive chairman for a period of five years.
Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortunemagazine.
He has been described as the "father of the Indian IT sector" by Timemagazine due to his contribution to outsourcing in India. Murthy has been honoured with the Padma Vibhushan and Padma Shriawards. He is the father-in-law of Rishi Sunak, the British MP and Chancellor of the Exchequer.
He has been described as the "father of the Indian IT sector" by Timemagazine due to his contribution to outsourcing in India. Murthy has been honoured with the Padma Vibhushan and Padma Shriawards. He is the father-in-law of Rishi Sunak, the British MP and Chancellor of the Exchequer.
Early life and education
Murthy was born and raised in Shidlaghatta, Karnataka. He graduated from National Institute of Engineering, University of Mysore with a bachelor's degree in electrical engineering and a master's from the Indian Institute of Technology Kanpur.
Career
Murthy first served as Research Associate under a faculty at IIM Ahmedabad and then later served as chief systems programmer. There he worked on India's first time-sharing computer system and designed and implemented a BASIC interpreter for Electronics Corporation of India Limited. He started a company named Softronics. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune.
Murthy and six software professionals founded Infosys with an initial capital injection of Rs 10,000, which was provided by his wife Sudha Murthy. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002 and was succeeded by co-founder Nandan Nilekani. At Infosys he articulated, designed and implemented the Global Delivery Model for IT services outsourcing from India. He was chairman of the board from 2002 to 2006, after which he became Chairman of the board and Chief Mentor. In August 2011, he retired from the company, taking the title chairman Emeritus.
Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV . He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board of Public Health Foundation of India. He serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.
Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV . He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board of Public Health Foundation of India. He serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.
On 1 June 2013, Murthy returned to Infosys as Executive chairman and Additional Director. On 12 June 2014 it was announced that Murthy would step down as Executive chairman effective 14 June. He would continue as Non-Executive chairman until 10 October. On 11 October, Murthy was to be designated as chairman Emeritus.
Murthy also serves on the strategic board which advises the national law firm, Cyril Amarchand Mangaldas, on strategic, policy and governance issues. He is also member of IESE's International Advisory Board (IAB).
In 2016, Murthy spoke with Harvard Business Review Ascend on the subject of "How To Be a Better Manager", where he shared tips that he has learned from his own life.
Personal life
Personal life
His wife, Sudha Murthy, is a social worker and author. She does philanthropic work through the Infosys Foundation.
Murthy has two children, a son Rohan Murty and a daughter Akshata Murthy. On 1 June 2013, Rohan joined Infosys as an executive assistant to his father. He left Infosys effective 14 June 2014. Akshata is married to Rishi Sunak, the UK's Chancellor of the Exchequer and Conservative MP for Richmond (Yorks).
Awards and honours
- On 2000 Murthy has been honoured with Padma shri award by Government of India.
- On 2008 Murthy has been honoured with PadmaVibhushan award by Government of India.
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