Nilekani, 51, has been Chief Executive Officer of Infosys, the world leading provider of IT consulting and services, since March 2002. He is one of its founders and has served as a director on the companyâs board since its inception in 1981. Today Infosys has a market capitalisation of more than US$20 billion and employs over 66,000 people.
In January 2006, Nandan Nilekani became one of the youngest entrepreneurs to join 20 global leaders on the prestigious World Economic Forum (WEF) Foundation Board. He is Vice-Chairman of The Conference Board, Inc., an international research and business membership organisation, and serves as the Co-chairman of the IIT Bombay Heritage Fund and is also a member of the Board of Governors of IIT Bombay.
Mr. Nilekani has been involved in various initiatives of the Indian central and state governments. He was the Chairman of the Government of Indiaâs IT Task Force for the Power Sector. He has also served as a member of the subcommittee of the Securities and Exchange Board of India that dealt with issues related to Insider Trading, and as a member of the Reserve Bank of Indiaâs Advisory Group on corporate governance.
Mr. Nilekani is the recipient of several awards including the Indian Institute of Technology (IIT), Bombay, âDistinguished Alumnusâ award in 1999. In 2005, Mr. Nilekani was awarded the prestigious Joseph Schumpeter prize for innovative services in the field of economy, economic sciences and politics.
Niall FitzGerald, Chairman of Reuters, commented, âNandan is one of Indiaâs most successful business leaders and a key figure in the new global economy. He brings a deep understanding of technology, IT and globalization and will be a huge asset to the Board of Reuters. Iâm delighted to be able to welcome him to the company.â