As Nandan Nilekani turns 71 on Tuesday, the Infosys chairman is entering a phase that could define the company’s long-term future long after he leaves. Having returned to Infosys in 2017 during a period of uncertainty, Nilekani helped restore stability and confidence at one of India’s largest IT services firms, reports TOI's Shilpa Phadnis.
Now, with shareholders expected to approve his third consecutive term as non-executive chairman later this month, his focus is shifting from rebuilding the company to preparing it for life beyond its founders. And he has himself made clear that there will be no second chance if the succession plan goes wrong.
“I will be having a chairman at whatever point I exit from the scene, who will be a non-founder. There is no plan B if I hand it over to somebody and it doesn’t work. I can’t come back at 75, and I don’t think any of these guys (other founders) want to come back either.”
The Return That Changed Infosys
When Nilekani returned to Infosys in 2017 following the turbulent years that followed the tenure of former CEO Vishal Sikka, the company needed stability.
At the time, he famously said he wanted to make Infosys “boring” again. But that vision was not about slowing down growth. Instead, it was about removing distractions, reducing uncertainty, and restoring trust among investors, employees and customers.
Over the next several years, Infosys largely delivered on that promise, avoided major leadership controversies and maintained a steady growth trajectory despite facing multiple global disruptions.
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A Strong Partnership With Salil Parekh
Much of that stability has been credited to the partnership between Nilekani and CEO Salil Parekh. Industry observers often point to the strong working relationship between the two leaders as a key factor behind Infosys’ performance over the past eight years.
During this period, Infosys expanded its annual revenue from $10.9 billion in 2017-18 to more than $20 billion in 2025-26. Net profit also grew from $2.5 billion to $3.3 billion.
The Clock Is Ticking
While Nilekani’s leadership has brought continuity, company rules require him to step down as chairman once he turns 75. That means the search for a successor is becoming increasingly important.
The recent appointment of former HUL chief Nitin Paranjpe as vice-chairman has fueled speculation that Infosys is preparing its leadership structure for the future.
According to industry experts, the move signals a long-term governance strategy rather than an immediate leadership change.
“Infosys has deliberately strengthened the governance bench around him (Nilekani) with leaders like Paranjpe, which suggests the company is quietly building succession resilience without creating uncertainty around the chairman role itself. That is usually a sign of a mature board preparing for the long term, not reacting to immediate pressure,” Phil Fersht, CEO of IT research and consulting firm HFS Research, was quoted as saying by TOI.
The Search for the Next CEO
Nilekani's succession challenge extends beyond finding a new chairman. He must also prepare for an eventual transition in the CEO’s office.
Salil Parekh turns 62 this week and is already beyond the retirement age specified for executives. While shareholders have approved extensions in the past and analysts expect another shorter term could be granted, a long-term leadership plan will eventually be required. Many observers believe Nilekani will want to ensure a smooth CEO transition before his own departure from the company.
Moving Beyond the Founder Era
Perhaps the most significant change ahead for Infosys is the gradual shift away from founder-led leadership. Nilekani has openly stated that the company’s next chairman is expected to come from outside the founding group.
“I would like Infosys to evolve into an institution that outlives founders and across generations through a professional model.”
The statement reflects a broader vision that many large global companies have pursued — building systems and governance structures that can thrive independent of their founders.
For Infosys, such a transition would mark the end of an era and the beginning of a new chapter.
Preparing Infosys for an AI-Led Future
Leadership succession is only one piece of the puzzle. The rise of artificial intelligence is forcing technology companies worldwide to rethink their strategies, business models, and workforce requirements.
According to experts, preparing Infosys for this AI-driven future could become one of Nilekani’s most important responsibilities during his remaining years as chairman.
“Nilekani is well accepted by the board, management, employees and investors. He wants to ensure Infosys is safeguarded for the future,” says Navnit Singh, chairman and regional managing director at Korn Ferry India.
Singh adds: “With the vice-chairman’s appointment, we can expect the next phase of leadership evolution. The key challenge is how he prepares the firm for an AI-led world.”
Why Stability Matters More Than Ever
As AI reshapes the global technology industry, leadership continuity is becoming increasingly valuable. Experts argue that organizations need trusted leaders who can guide companies through periods of rapid change while maintaining investor confidence.
“At a moment like this, having someone of Nilekani’s standing at the helm of Infosys is genuinely valuable,” says Venkat Shastry, founder of leadership consulting firm QuantumV.
He adds: “He brings not just experience, but credibility – with clients, investors and policymakers alike. Boards of great companies understand that stability at the top is a strategic asset, particularly when everything else around them is changing rapidly.”
(With TOI inputs)
