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| name = N. R. Narayana Murthy | name = N. R. Narayana Murthy
| honorific_suffix = {{postnominals|country=GBR|CBEh}} | honorific_suffix = {{postnominals|country=GBR|CBEh}}
| image = Jessie Paul and Narayana Murthy.jpg
| image = https://media.licdn.com/dms/image/C5103AQFq-EsKBSRr_A/profile-displayphoto-shrink_200_200/0?e=1578528000&v=beta&t=ISProuEVxh49mhREjJQtjQcaNw2QezJwoypy6IM-isM
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| caption = Murthy in 2008 | caption = Murthy in 2008

Revision as of 18:21, 5 November 2019

N. R. Narayana MurthyCBE
Murthy in 2008
Born (1946-08-20) 20 August 1946 (age 78)
Shidlaghatta, Kolar district, now Chikkaballapura district, Old Mysuru State (now Karnataka), India
NationalityIndian
Alma materNational Institute of Engineering, Mysuru
IIT Kanpur
Occupations
SpouseSudha Murthy
ChildrenRohan Murty, Vaibhav Kulkarni, Siddharth Nevagi
AwardsPadma Vibhushan (2008)
Legion of Honour (2008)
Padma Shri (2000)

Nagavara Ramarao Narayana Murthy (born 20 August, 1946) is an Indian IT industrialist and the co-founder of Infosys, a multinational corporation providing business consulting, technology, engineering, and outsourcing services. Murthy studied electrical engineering at the National Institute of Engineering, University of Mysore, and MTech at the Indian Institute of Technology Kanpur.

Before starting Infosys, Murthy worked with Indian Institute of Management Ahmedabad as chief systems programmer and Patni Computer Systems in Pune (Maharashtra). He started Infosys in 1981 and served as its CEO from 1981 to 2002 and as chairman from 2002 to 2011. In 2011, he stepped down from the board and became chairman Emeritus. On 1 June 2013, Murthy was appointed as Additional Director and Executive Chairman of the board for a period of five years.

Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortune magazine. He has been described as the "father of the Indian IT sector" by Time magazine due to his contribution to outsourcing in India. Murthy has also been honoured with the Padma Vibhushan and Padma Shri awards. He is the father-in- law of Rishi Sunak, the British MP and Chief Secretary to the Treasury.

Early life and education

Narayana Murthy was born on 20 August 1946 in Shidlaghatta, Chikkaballapura district Karnataka. After completing his school education, he went to the National Institute of Engineering and graduated in 1967 with a degree in Electrical Engineering. In 1969 he received his master's degree from the Indian Institute of Technology Kanpur.

Career

Murthy first served as Research Associate under a faculty at IIM Ahmedabad and then later served as chief systems programmer There he worked on India's first time-sharing computer system and designed and implemented a BASIC interpreter for Electronics Corporation of India Limited. He started a company named Softronics. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune.

Murthy and six software professionals founded Infosys in 1981 with an initial capital injection of Rs 10,000, which was provided by his wife Sudha Murthy. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002 and was succeeded by co-founder Nandan Nilekani. At Infosys he articulated, designed and implemented the Global Delivery Model for IT services outsourcing from India. He was chairman of the board from 2002 to 2006, after which he became Chairman of the board and Chief Mentor. In August 2011, he retired from the company, taking the title chairman Emeritus.

Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DBS Bank, Unilever, ICICI and NDTV. He also serves as a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board of Public Health Foundation of India. He serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.

On 1 June 2013, Murthy returned to Infosys as Executive chairman and Additional Director. On 12 June 2014 it was announced that Murthy would step down as Executive chairman effective 14 June. He would continue as Non-Executive chairman until 10 October. On 11 October, Murthy was to be designated as chairman Emeritus.

Murthy also serves on the strategic board which advises the national law firm, Cyril Amarchand Mangaldas, on strategic, policy and governance issues. He is also member of IESE's International Advisory Board (IAB).

In 2016, Murthy spoke with Harvard Business Review Ascend about "How To Be a Better Manager", where he shared tips that he has learned from his real life. Here are some edited excerpts of his interview on HBR Ascend.

Personal life

His wife, Sudha Murthy, is a social worker and author. She does philanthropic work through the Infosys Foundation.

Murthy has two children, a son Rohan Murty and a daughter Akshata Murthy. On 1 June 2013, Rohan joined Infosys as an executive assistant to his father. He left Infosys effective 14 June 2014. Akshata is married to Rishi Sunak, the Conservative MP for Richmond (Yorks) and Chief Secretary to the Treasury.

Awards and honours

The President, Smt. Pratibha Devisingh Patil presenting the Padma Vibhushan to Shri N.R. Narayana Murthy, at Rashtrapati Bhavan, in 2008
Year Name Awarding organization Ref.
2014 CIF Chanchlani Global Indian Award Canada India Foundation
2013 25 Greatest Global Indian Living Legends NDTV
2013 Sayaji Ratna Award Baroda Management Association, Vadodara
2013 Philanthropist of the Year The Asian Awards
2012 Hoover Medal American Society of Mechanical Engineers
2011 NDTV Indian of the Year's Icon of India NDTV
2010 IEEE Honorary Membership Institute of Electrical and Electronics Engineers.
2009 Woodrow Wilson Award for Corporate Citizenship Woodrow Wilson International Center for Scholars
2008 Padma Vibhushan Government of India
2008 Officer of the Legion of Honor Government of France
2007 Honorary Commander of the Order of the British Empire (CBE) Government of United Kingdom
2007 IEEE Ernst Weber Engineering Leadership Recognition Institute of Electrical and Electronics Engineers
2003 Ernst & Young Entrepreneur of the Year Award Ernst & Young World Entrepreneur of the Year Jury
2000 Padma Shri Government of India

Books

  • A Better India: A Better World by N. R. Narayana Murthy ; Penguin Books, 2009

Further reading

  • N, Chokkan (2007). Narayana Murthy : I.T. guru. Chennai: Oxygen Books.
  • Mitra, Meera (2007). It's only business! : India's corporate social responsiveness in a globalized world; with a foreword by N.R. Narayana Murthy. New Delhi: Oxford University Press.

References

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  2. "Narayana Murthy returns as Infosys executive chairman as company falters". Times of India. 1 June 2013. Retrieved 19 July 2013.
  3. "UNITED NATIONS FOUNDATION BOARD OF DIRECTORS NAMES KATHY CALVIN NEXT PRESIDENT AND CEO".
  4. Indusage Partners board members
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  13. "INDIA'S INFLUENTIALS N.R. Narayana Murthy". Time. 15 August 2007. Retrieved 1 June 2013.
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  29. ^ Bloomberg Businessweek profile – N. R. Narayana Murthy CBE
  30. "The Rhodes Trust and Trustees – The Rhodes Trust". Rhodeshouse.ox.ac.uk. Archived from the original on 7 August 2011. Retrieved 8 November 2011.
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  35. Vyas, Maulik. "Cyril Shroff ropes in business luminaries like Narayana Murthy, Deepak Parekh, Uday Kotak and others for advisory board of his law firm". The Economic Times. Retrieved 10 August 2015.
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