Infosys’ chief compliance officer quits; replacement named
ountry’s second largest software services firm Infosys has appointed Parvatheesam Kanchinadam as its Chief Compliance Officer and Ombudsman to its whistleblower policy. “On April 15, 2014, the board appointed Parvatheesam Kanchinadam, an executive officer of the Company, as the Chief Compliance Officer,” Infosys said in a statement. In this role, Kanchinadam also acts as the ombudsman to whistleblower policy, it added. Kanchinadam succeeds Nithyanandan Radhakrishnan, who is leaving Infosys to become an independent consultant on international legal matters and the IT services major will be his first significant client.
As the Chief Compliance Officer, Kanchinadam will be primarily responsible for overseeing and managing regulatory compliance at Infosys. He is also the Company Secretary, where his responsibility is to manage board procedures and ensure that it is ably equipped with resources to discharge its fiduciary duties and corporate governance practices. Parvatheesam holds a Bachelor of Commerce (Hons) degree and is a member of the Institute of Company Secretaries of India.