Bangalore: Infosys Ltd is realigning business segments and sharpening service offerings as veteran banker K.V. Kamath takes over on Monday as chairman of the software exporter from iconic co-founder N.R. Narayana Murthy.
The change of guard takes place as clients have become more demanding, competition has intensified and there’s turbulence in key markets in the US and Europe.
Also Read | Innovation, productivity to play major role
Kamath, who led ICICI Bank Ltd, India’s largest private sector lender, for 15 years until his retirement from executive responsibilities on 30 April 2009, said in an interview to Mint that although there is not much that needs to be changed in the growth and service model that has served the company well, the information technology firm will aim at a blue ocean strategy of entering uncontested markets and under-penetrated businesses, convert constraints into opportunities and continue to build on its brand equity.