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Dr. Omkar Goswami to retire from the Infosys Board of Directors

Bangalore– December 31, 2014: Infosys, a global leader in consulting, technology, outsourcing and next-generation solutions, today announced that in accordance with the retirement policy of the Company’s Board of Directors (Board), Dr. Omkar Goswami, Independent Director, will retire from the Board effective December 31, 2014. He joined the Infosys Board in November2000.

Commenting on Dr. Goswami’s retirement, K. V. Kamath, non-executive Chairman of the Board said, “Dr. Goswami has been a part of the Infosys journey for more than a decade and the company has benefitted from his rich experience as a professional economist. The Board is sincerely thankful to Dr. Goswami for his contribution to the company’s growth and wishes him the best for his future endeavors.”

Dr. Omkar Goswami thanked the Board and said, “It has been a great honor and privilege to serve on the Board of Infosys. I joined the Board in November 2000, when the company’s annual revenues had just crossed the USD 200 million mark. I am demitting office at a time when revenues are exceeding USD 8 billion. Throughout the progress of this iconic company, some things have not changed: its commitment to transparency, to strong corporate values and to integrity. These are what make me proud of Infosys, and confident of its future.”

Dr. Goswami is the Founder and Chairman of Corporate & Economic Research Group (CERG) Advisory Private Limited. He has served on committees of several organizations as well as of the government, including the CII Committee on Corporate Governance and the Vijay Kelkar Committee on Direct Tax Reforms. He has also been a consultant to the World Bank, the International Monetary Fund, the Asian Development Bank and the Organization for Economic Co-operation Development.

A professional economist, Dr. Goswami obtained a Master’s degree in Economics from the Delhi School of Economics in 1978 and a D. Phil (Ph.D) from the University of Oxford in 1982. He taught and researched economics for 18 years at various universities in India and abroad. In March 1997, Dr. Goswami became the editor of Business India.


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