Vishal Sikka Resigns as MD and CEO of #Infosys

New Delhi, August 18: Vishal Sikka on Friday resigned as the Managing Director and CEO of Infosys. He is now appointed as the Executive Vice Chairman. UB Pravin Rao is appointed as the interim MD and CEO of the software giant.

In his resignation letter, Sikka said, “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks. Allegations that have been repeatedly proven false and baseless by multiple, independent investigations. But despite this, the attacks continue, and worse till amplified by the very people from whom we all expected the most steadfast support in this great transformation. This continuous drumbeat of distractions and negativity over the last several months/quarters, inhibits our inability to make positive change and stay focused on value creation.”