N. R. Narayana Murthy

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N. R. Narayana Murthy

Speaking at Horasis Global China Business Meeting 2006
Born 20 August 1946 (1946-08-20) (age 65)
Mysore, Karnataka, India
Alma mater University of Mysore
IIT Kanpur
Occupation Chairman Emeritus, Infosys
Net worth $2 billion (2011)[1]
Spouse Sudha Murthy
Children 2[2]

Nagavara Ramarao Narayana Murthy (Kannada: ನಾಗವಾರ ರಾಮರಾಯ ನಾರಾಯಣ ಮೂರ್ತಿ nāgavāra rāma-rāya nārāyaṇa mūrti), better known as N. R. Narayana Murthy, is an Indian industrialist and software engineer. He and six other engineers co-founded Infosys in 1981. Murthy served as CEO from 1981 to 2002. From 2002 to 2011, he served as the Chairman. In 2011, he stepped down from the board and became Chairman Emeritus.

Contents

[edit] Early life

Born in Mysore, Karnataka on 20 August 1946, Murthy graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967. He received his master's degree from IIT Kanpur in 1969.[3]

[edit] Career

Murthy's first job position was at IIM Ahmedabad, where he worked as the chief systems programmer.[4] After IIM Ahmedabad, he started a company named Softronics in 1976.[5] When that company failed, he joined Patni Computer Systems in Pune.

After settling down in Pune, Murthy founded Infosys in 1981[6]with an initial capital injection of Rs 10,000, which was invested by his wife Sudha Murthy.[7] Murthy served as the CEO of Infosys for 21 years and was succeeded by co-founder Nandan Nilekani in 2002.[7] At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor.[7][8] In August 2011, he retired completely from the company and taking the title Chairman Emeritus.[9][10]

Murthy serves as an independent director on the corporate boards of HSBC, DBS Bank, Unilever, ICICI and NDTV. He also serves on the boards of the Ford Foundation, the UN Foundation, the Indo-British Partnership, a trustee of the Infosys Prize, and as a trustee of the Rhodes Trust [11] that manages the Rhodes Scholarship. He is also the Chairman of the Governing board of Public Health Foundation of India [12] He also serves on the Asia Pacific Advisory Board of British Telecommunications.[13] In 2005 he co-chaired the World Economic Forum in Davos.[14]

[edit] Personal life

His wife, Sudha Murthy (née Kulkarni), is an Indian social worker and accomplished author. She is known for her philanthropic work through the Infosys Foundation. Her sister, Jayashree Deshpande is wife of enterpreneur and founder of US-based Sycamore Networks, Gururaj Deshpande. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande.[15]

[edit] Awards and honours

Year Name Awarding organization Ref.
2011 CNBC Lifetime Achievement Award CNBC [16]
2011 Forbes Lifetime Achievement Award Forbes [17]
2011 NDTV Indian of the Year's Icon of India NDTV [18]
2010 IEEE Honorary Membership Institute of Electrical and Electronics Engineers. [19]
2010 Man of the Year GQ Magazine [20]
2010 Foreign Associate Member United States National Academy of Engineering [21]
2009 Woodrow Wilson Award for Corporate Citizenship Woodrow Wilson International Center for Scholars [22]
2008 Padma Vibhushan President of India [23]
2008 Officer of the Legion of Honor Government of France [24]
2007 Commander of the Order of the British Empire (CBE) Government of United Kingdom [25]
2007 IEEE Ernst Weber Engineering Leadership Recognition Institute of Electrical and Electronics Engineers [26]
2003 Indo-French Forum Medal Indo-French Forum [27]
2003 World Entrepreneur of the Year Ernst and Young [28]
2002 Asia's Businessman of the Year Fortune Magazine [29]
2001 Wharton Business School Dean's Medal University of Pennsylvania [30]
2001 Nikkei Asia Prize Nikkei Inc. [31]
2001 Max Schmidheiny Freedom Prize Switzerland [32]
2000 Padma Shri President of India [33]
  • 2006: In November 2006, TIME magazine voted him as one of the Asian heroes who have brought about revolutionary changes in Asia in the last 60 years. The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa, and Muhammad Ali Jinnah.[34]
  • 1999: BusinessWeek named him one of the nine entrepreneurs of the year.[35]

[edit] Books

[edit] References

  1. ^ Forbes. http://www.forbes.com/profile/nr-narayana-murthy. 
  2. ^ "India Today 2005 Power List". Indiatoday.com. 21 February 2005. http://www.indiatoday.com/itoday/20050221/power4.html. Retrieved 8 November 2011. 
  3. ^ "Murthy to join HSBC board, to get over Rs 50 lakh annual fee". Articles.economictimes.indiatimes.com. 4 March 2008. http://articles.economictimes.indiatimes.com/2008-03-04/news/27710791_1_independent-non-executive-director-hsbc-board-infosys-technologies. Retrieved 8 November 2011. 
  4. ^ "485 Interview with N.R. Narayana Murthy". India-seminar.com. http://www.india-seminar.com/2000/485/485%20interview.htm. Retrieved 8 November 2011. 
  5. ^ Roy, Prannoy (29 March 2008). "An Interview With Narayana Murthy". maheshone. http://www.maheshonline.com/an-interview-with-narayana-murthy/. Retrieved 9 October 2011. 
  6. ^ <cite web|url=[http://www.infosys.com/newsroom/press-releases/pages/infosys-announces-leadership-succession.aspx}}
  7. ^ a b c "Infosys Chairman Narayana Murthy Steps Down". yentha.com. 20 August 2011. http://www.yentha.com/news/view/1/13720. Retrieved 20 August 2011. 
  8. ^ Non-Executive Chairman - MSN Report.
  9. ^ "Infosys chairman Narayana Murthy calls it a day". The Times of India. 19 August 2011. http://timesofindia.indiatimes.com/business/india-business/Infosys-chairman-Narayana-Murthy-calls-it-a-day/articleshow/9655929.cms. Retrieved 19 August 2011. 
  10. ^ "Friday farewell: Narayana Murthy logs out of Infosys". IBNLive. 20 August 2011. http://ibnlive.in.com/news/narayana-murthy-steps-down-as-infosys-chairman/177070-7.html. Retrieved 20 August 2011. 
  11. ^ "The Rhodes Trust and Trustees - The Rhodes Trust". Rhodeshouse.ox.ac.uk. http://www.rhodeshouse.ox.ac.uk/page/trustees. Retrieved 8 November 2011. 
  12. ^ "Narayana Murthyto chair PHFI". The Hindu (Chennai, India). 12 July 2011. http://www.thehindu.com/todays-paper/tp-national/article2219732.ece. Retrieved 19 July 2011. 
  13. ^ "United Nations Foundation - N. R. Narayana Murthy (India)". Unfoundation.org. 20 August 1946. http://www.unfoundation.org/who-we-are/board/n-r-narayana-murthy.html. Retrieved 8 November 2011. 
  14. ^ "How to build a great company". Rediff.com. 31 January 2005. http://www.rediff.com/money/2005/jan/31spec.htm. Retrieved 8 November 2011. 
  15. ^ Venkatesha Babu (18 December 2009 (2009-12-18)). "Gururaj Deshpande - The serial entrepreneur". Mint (HT Media Ltd). http://www.livemint.com/2009/12/18203315/Gururaj-Deshpande--The-serial.html. Retrieved 22 March 2011 (2011-03-22). 
  16. ^ "Region’s Top Leaders Named at the 10th CNBC Asia Business Leaders Awards". http://www.cnbc.com/id/45426267/Region_s_Top_Leaders_Named_at_the_10th_CNBC_Asia_Business_Leaders_Awards. 
  17. ^ "N.R.N. Murthy: Margins Better Than Revenues". http://business.in.com/article/leaderhip-awards/nrn-murthy-margins-better-than-revenues/29702/1. Retrieved 31 October 2011. 
  18. ^ "NDTV Indian of the Year 2011". ndtv.com. http://www.ndtv.com/article/india/ndtv-indian-of-the-year-2011-142183. Retrieved 19 October 2011. 
  19. ^ "IEEE Honorary Membership Recipients". IEEE. http://www.ieee.org/documents/hon_mem_rl.pdf. Retrieved 20 December 2010 (2010-12-20). 
  20. ^ "GQ Men of the Year 2010". GQ Magazine. http://www.hindustantimes.com/photos-news/Photos-India/gqawards2010/Article4-605357.aspx. Retrieved 27 September 2010 (2010-09-27). 
  21. ^ "NAE Members Directory - Mr. N. R. Narayana Murthy". NAE. http://www.nae.edu/MembersSection/Directory20412/31146.aspx. Retrieved 15 January 2011 (2011-01-15). 
  22. ^ "Wilson Center Awards Dinner in New Delhi, India". Woodrow Wilson International Center for Scholars. http://www.wilsoncenter.org/article/wilson-center-awards-dinner-new-delhi-india. Retrieved 9 January 2009 (2009-01-09). 
  23. ^ "Padma Vibhushan Awardees - Padma Awards - My India, My Pride - Know India: National Portal of India". India.gov.in. http://india.gov.in/myindia/padmavibhushan_awards_list1.php?start=30. Retrieved 8 November 2011. 
  24. ^ "Naryanamurthy receive highest civilian honour of France". The Times of India. http://publication.samachar.com/pub_article.php?id=1169187&navname=General%20&moreurl=http://publication.samachar.com/timesofindia/general/india.php&homeurl=http://www.samachar.com. Retrieved 26 January 2008. 
  25. ^ "British Honorary Awards". http://collections.europarchive.org/tna/20080205132101/www.fco.gov.uk/servlet/Front%3Fpagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1166536150628. 
  26. ^ "IEEE Ernst Weber Engineering Leadership Recognition Recipients". IEEE. http://www.ieee.org/documents/weber_rl.pdf. Retrieved 20 November 2010 (2010-11-20). 
  27. ^ "Infosys chief conferred Indo-French Forum medal". Rediff.com. http://www.rediff.com/money/2003/oct/13infy.htm. Retrieved 2011-11-08. 
  28. ^ "Indian Businessman Named World Entrepreneur of the Year - re> MONTE CARLO, Monaco, June 9 /PRNewswire/". Prnewswire.com. http://www.prnewswire.com/news-releases/indian-businessman-named-world-entrepreneur-of-the-year-71259202.html. Retrieved 2011-11-08. 
  29. ^ "Narayana Murthy, Nilekani Asia's Businessmen of the Year 2003 - Economic Times". Articles.economictimes.indiatimes.com. 10 February 2003. http://articles.economictimes.indiatimes.com/2003-02-10/news/27560379_1_n-r-narayana-murthy-accounting-standards-global-player. Retrieved 8 November 2011. 
  30. ^ "Wharton Dean's Medal for Narayana Murthy". rediff.com. 2001-05-19. http://www.rediff.com/money/2001/may/19infy.htm. Retrieved 2011-11-08. 
  31. ^ "Nikkei.com - Winners of the Prizes". E.nikkei.com. http://e.nikkei.com/e/fr/forum/nap/winner.aspx. Retrieved 2011-11-08. 
  32. ^ "Max Schmidheiny Foundation, Freedom Prize Awardees 2001: Lennart Meri, Narayana Murthy". Ms-foundation.org. http://www.ms-foundation.org/site/index.cfm?id_art=29436&vsprache=EN. Retrieved 8 November 2011. 
  33. ^ "N.R. Narayana Murthy | Infosys | Catamaran Fund | Personalities –". Karnataka.com. http://www.karnataka.com/personalities/narayana-murthy/. Retrieved 8 November 2011. 
  34. ^ Perry, Alex (13 November 2006). "Asian Heroes: Narayana Murthy". TIME. http://www.time.com/time/magazine/article/0,9171,1554985,00.html. Retrieved 8 November 2011. 
  35. ^ . http://www.gsb.stanford.edu/cgbe/documents/Mr.Murthyprofile.pdf. 

[edit] External links

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