Those appointed will be entitled to an annual allowance of $1,50,000

Infosys announced on Thursday that the head of its banking services solution platform Finacle, Haragopal Mangipudi, and 11 others have been inducted to its top decision-making body, the Executive Council.

The Council is the company’s top-level body, which is responsible for strategic decision-making.

It includes the company’s executive board, the heads of its key business units and “strategic business-enabler units,” the company said in a filing with the Bombay Stock Exchange and the U.S. Securities Exchange Commission.

The head of the company’s Growth Markets segment, Dheeshjith V. G., Eric Paternoster, Ganesh T. Gopalakrishnan, Ganesh Thakkar, Jackie Korhonen, Manish Tandon, Muralikrishna K, Ravi Kumar S, Ronald Hafner, Sanjay Jalona and Subrahmanyam Goparaju have been appointed as members of the Council.

The appointments would take effect from November 1, the company said. Those appointed would be entitled to an annual allowance of $150,000. The council at present has a strength of 16 members and the expansion is the biggest since N. R. Narayana Murthy returned to assume leadership of Infosys.

PTI reports:

Mr. Paternoster is CEO and President of Infosys Public Services, a subsidiary focusing on healthcare and public sector in the U.S. and Canada, while, Mr. Gopalakrishnan is Senior Vice-President, Information Systems at Infosys.

Mr. Thakkar is the CEO and Managing Director of Infosys BPO, whereas Mr. Korhonen is Senior Vice-President and Country Head for Australia and New Zealand.

Mr. Tandon is Senior Vice-President, Life Sciences, and Mr. Muralikrishna is the Senior Vice-President, Computers and Communications Division at Infosys.

While, Mr. Ravi Kumar is Senior Vice-President, Insurance, at Infosys, Hafner is CEO of Infosys Lodestone and Mr. Jalona is Senior Vice-President, Manufacturing.

Mr. Goparaju is a Senior Vice-President at Infosys Labs, the filing said.

More In: Industry | Business