Vishal Sikka resigns as Infosys MD and CEO, shares fall

Sikka has over 30 years of experience, adding that since joining Infosys in 1986, he has held a number of senior leadership roles including Head of Infrastructure Management Services, Delivery Head for Europe, and Head of Retail, Consumer Packaged Goods, Logistics and Life Sciences.

Vishal Sikka has resigned as the Managing Director and Chief Executive Officer of Infosys Ltd. with immediate effect.

"The succession plan for appointment of a new Managing Director and Chief Executive Officer has been operationalised by the Board and a search for the same has been commenced," the statement read.

U.B. Pravin Rao has been appointed as the interim-managing director and chief executive, whereas Sikka has now been appointed as executive vice-chairman.

tocks of Infosys today tanked over 6 per cent in early morning trade after Vishal Sikka resigned as MD and CEO of the firm.