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Reuters appoints Indian IT boss as non-exec director
Infosys CEO Nandan Nilekani to take up the role...

By Andy McCue

Published: Wednesday 18 October 2006

The head of one of India's biggest IT outsourcing companies has been appointed as a non-executive director at Reuters.

Nandan Nilekani, CEO of Bangalore-headquartered Infosys, will take up the non-exec position from 1 January next year and will become a member of Reuters Audit Committee.

Nilekani, who appeared in this year's silicon.com Agenda Setters list, co-founded Infosys in 1981 and has been its CEO since 2002 and is widely tipped to become chairman after NR Narayana Murthy stepped down in this summer.

Infosys reported a 53 per cent rise in second quarter profits earlier this month and is on target to pass the $3bn revenue mark by the end of the financial year. The company employs more than 66,000 people worldwide.

Niall FitzGerald, chairman of Reuters, said in a statement: "Nandan is one of India's most successful business leaders and a key figure in the new global economy. He brings a deep understanding of technology, IT and globalisation and will be a huge asset to the board of Reuters."