This inspirational story of Narayana Murthy, Co-founder of Infosys will inspire you!
Nagavara Ramarao Narayana Murthy is an Indian entrepreneur and billionaire businessperson. He is the co-founder of Infosys.
He has been chief mentor, president, chief executive officer and chairperson before retiring and taking the title chairperson emeritus.
On 20th August 1946, he was born and raised in Shidlaghatta, Karnataka. He completed his bachelor’s degree in electrical engineering from National Institute of Engineering, University of Mysore. Then he did master’s from Indian Institute of Technology Kanpur.
Narayana Murthy worked with the Indian Institute of Management Ahmedabad – IIM Ahmedabad as a chief systems programmer and at Patni Computer Systems in Pune before starting Infosys.
The Infosys foundation
He started Infosys in 1981 and worked as CEO from 1081 to 2002, then from 2002 to 2011 as chairperson. In 2011, he became chairman emeritus, after that in June 2013 he was appointed as executive chairman for five years.
Time Magazine has described Murthy as the “father of the IT sector”. Even Fortune Magazine listed him among 12 greatest entrepreneurs of our time. Padma Sri and Padma Vibhushan awards have honoured him.
Personal Life of Narayana Murthy:
His wife Sudha Murthy is an author and a social worker. She does philanthropic work through the Infosys Foundation.
They have one daughter Akshata Murthy and one son Rohan Murthy. Rohan joined Infosys on 1st June 2013 and left on 14th June 2014.
Akshata is married to Rishi Sunak, Conservative MP for Richmond (Yorks) and UK’s Chancellor of the Exchequer.
Career and life before Infosys
In the starting of career, Murthy served as Research Associate under a faculty at IIM Ahmedabad and then later served as chief systems programmer.
He worked on India’s first time-sharing computer system, designed, and implemented a BASIC interpreter for Electronics Corporation of India Limited there.
He started a company called Softonics, but it could not succeed. After about one and a half year, he joined Patni Computer Systems-Pune.
The key role Sudha Murthy played in kickstarting Infosys
Murthy and six software professionals with 10,000 Rs founded Infosys in 1981. His wife Sudha Murthy provided that money.
He served as CEO of Infosys for 20 years, 1981-2002. He was chairperson of the board from 2002 to 2006.
He became Chairman of the board and Chief Mentor after that. He retired from the company in August 2011 with the title of Chairman Emeritus.
Murthy serves as the independent director in board of HSBC. Even he served as director in DBS Bank, ICICI, NDTV and Unilever.
He also serves as an advisory member in many institutes. Some of them are UN Foundation, INSEAD, Cornell University, Asian Institute of Management, etc.
He is also chairman of Public Health Foundation of India. In 2005, he co-chaired the World Economic Forum in Davos.
Returned to Infosys
Narayana Murthy returned to Infosys as an Additional Director and Executive Chairman on 1st June 2013. Murthy also serves on the strategic board.
It advises the national law firm, Cyril Amarchand Mangaldas on strategic, policy and governance issue. He is a member of IESE’s International Advisory Board.
Narayana Murthy spoke to Harvard Business Review Ascend in 2016 on “How to be a better Manager”.
In that, he shared the tips that he learned from his own life. He raised concerns over alleged corporate governance lapses at Infosys in 2017. But the company denied these claims.
N. R. Narayana Murthy: Indian Entrepreneur
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