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N. R. Narayana Murthy

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Parent: Padma Bhushan Hop 4
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N. R. Narayana Murthy
NameN. R. Narayana Murthy
CaptionMurthy in 2012
Birth date20 August 1946
Birth placeSidlaghatta, Kingdom of Mysore, British India
Alma materNational Institute of Engineering (BE), Indian Institute of Technology Kanpur (MTech)
OccupationEntrepreneur
Known forCo-founder of Infosys
SpouseSudha Murty
ChildrenRohan Murty, Akshata Murty
AwardsPadma Shri (2000), Padma Vibhushan (2008), Legion of Honour (2008)

N. R. Narayana Murthy is an Indian entrepreneur who co-founded the global technology company Infosys and served as its chairman for many years. He is widely regarded as a pioneer of the Indian IT industry and a key figure in globalizing India's software services. His leadership established benchmarks in corporate governance and employee stock ownership plans, influencing a generation of businesses in Asia.

Early life and education

Narayana Murthy was born in Sidlaghatta in the former Kingdom of Mysore. He completed his schooling in Karnataka before earning a Bachelor of Engineering degree in Electrical engineering from the National Institute of Engineering in Mysore. He then pursued a Master of Technology degree from the prestigious Indian Institute of Technology Kanpur. Early in his career, he worked for Patni Computer Systems in Pune and briefly for Sark in Paris, experiences that exposed him to international business practices and software engineering.

Career at Infosys

In 1981, along with six other engineers including Nandan Nilekani and S. Gopalakrishnan, he founded Infosys in Pune with a modest capital. Under his leadership as CEO and later Chairman, the company pioneered the Global Delivery Model, which revolutionized outsourcing by executing software projects for clients like General Electric and Reebok from India. A landmark event was the company's IPO on Indian stock exchanges in 1993 and its NASDAQ listing in 1999, making it a symbol of India's economic potential. He instituted practices such as transparent financial reporting and the Infosys Foundation, setting new standards for corporate governance in India.

Post-chairman activities and philanthropy

After stepping down as executive chairman in 2011, he has remained active as Chairman Emeritus of Infosys and served on the boards of several institutions including HSBC and the Ford Foundation. He and his wife, Sudha Murty, are noted philanthropists primarily through the Infosys Foundation, which supports causes in education, healthcare, and rural development. He has also invested in and mentored numerous startups and serves as a trustee for the Princeton Institute for Advanced Study.

Personal life

He is married to author and philanthropist Sudha Murty, whom he met while both were working at TELCO in Pune. Their son, Rohan Murty, is a computer scientist and venture capitalist, and their daughter, Akshata Murty, is a fashion designer and the wife of British Prime Minister Rishi Sunak. The family resides primarily in Bangalore.

Awards and recognition

His contributions have been recognized with some of India's highest civilian honors, including the Padma Shri in 2000 and the Padma Vibhushan in 2008. Internationally, he was awarded the Legion of Honour by the Government of France in 2008. He has received the World Economic Forum's Global Economy Prize and has been listed among *Time* magazine's most influential people. Prestigious institutions like the London School of Economics and the University of Mysore have conferred honorary doctorates upon him.

Views and philosophy

He is a proponent of classical liberalism, meritocracy, and strong corporate governance, often speaking on the importance of value systems in business. He has been vocal about the need for improved work ethic in India, famously advocating for a 70-hour work week to enhance national competitiveness. His lectures at forums like the Indian Institute of Management Ahmedabad and writings in publications like *The Economic Times* frequently address themes of poverty alleviation, educational reform, and ethical leadership in the context of globalization.

Category:Indian businesspeople Category:Infosys Category:Recipients of the Padma Vibhushan