Bangalore: As a part of NR Narayana Murthy's efforts to revamp Infosys, the company has underwent a major management change by assigning two of its senior executives to play the role of presidents, reports Times of India. Most of the business portfolios are distributed between these two in seemingly equal measure.

This sudden move gives a hint that BG Srinivas and UB Pravin Rao are more likely to succeed the company’s CEO S D Shibulal. Murthy to create a tighter and more cost efficient organization has been undertaking some fundamental changes. According to new structure, Srinivas will focus on global markets and Rao on global delivery and service innovation.

Srinivas will also be responsible for financial services, insurance, manufacturing, engineering services, energy & communications, Infosys Public Services, Infosys Lodestone, strategic global sourcing, marketing and alliances.

However Rao has to take care of retail, consumer packaged goods and logistics, life sciences, resources & utilities, services, growth markets, cloud & mobility, quality & productivity and Infosys Leadership Institute.

"These changes will further enhance our focus on deepening client relationships, increasing market share, creating service differentiation through innovation and agility in execution," Shibulal said.

According to recent reports, the company will dissolve its executive council with effect from April 1. consequent to the new division of responsibilities. This news shocked many as Infosys in August and October significantly expanded the council by adding 15 members, taking its total strength to 30. EC members are entitled to an allowance of $150,000 each per annum. Some people came with an allegation that executive council which was aspirational once lost its character due to its expansion .Some of the Infosys’s renowned employees like Subrahmanyam Goparaju, who was head of Infosys Labs, quit the company within two months of being inducted into the EC.
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