Goswami steps down from Infosys board

IT services major Infosys on Wednesday announced the retirement of independent director Omkar Goswami from the board of directors with effect from December 31, 2014.

Goswami, a professional economist who joined the board of directors in November 2000, served the company for more than a decade. He is the founder and chairman of the Corporate & Economic Research Group (CERG) Advisory Private Limited.

He thanked the company for giving him the opportunity to serve on its board. “I joined the board when the company's annual revenues had just crossed the $200 million mark. I am demitting office at a time when revenues are exceeding $8 billion,” he said.

 Goswami thanked the company for its commitment to transparency, to strong corporate values and to integrity.

K V Kamath, who is the Infosys non-executive Chairman, said, “Omkar 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.