Ashok Vemuri quits Infosys

Ashok Vemuri, who was seen to be among contenders to succeed CEO S D Shibulal at Infosys, has resigned. Vemuri's resignation comes days after Infosys vice president and financial services head for the Americas, Sudhir Chaturvedi, put in his papers. Basab Pradhan had announced his decision to resign as global sales head of Infosys in July.

Vemuri served as a Member of the Board and was an integral part of the Infosys journey over the last fifteen years. He has played a significant role in building the company's market leadership in the financial services and manufacturing verticals, and in North America.

The transition plan is in place, as Sanjay Jalona (currently the Regional Head for Manufacturing in North America) will take over as the Global Head of Manufacturing, Infosys.