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Infosys co-founder N R Narayana Murthy said stability is restored at the helm of Infosys and “all is well” under the chairmanship of Nandan Nilekani. Nilekani took charge as the non-executive chairman of India’s second largest IT services after its first non-founder CEO Vishal Sikka quit in August citing “continuous distractions”. Murthy, who last month raised his concerns saying that “we will no longer know the truth” about the investigations carried out over allegations pertaining to Panaya acquisition, on Wednesday said: “Absolutely all is well.” He was at the Infosys campus in Bengaluru to announce the winners of Infosys Science Foundation awards along with Nilekani and other founders. Murthy recalled that he told investors recently “we all can sleep well”.
He added “there were complexities” and Nilekani’s strength is to make complex things simple. On the search for next chief executive officer, Murthy said: “Nandan himself has been a CEO and he knows what he requires and there is no need for advice.”