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Infosys ex-board member V. Balakrishnan joins AAP party

Infosys ex-board member V. Balakrishnan joins AAP party

In a surprise move, V. Balakrishnan, who stepped down as Board member of software behemoth Infosys recently creating ripples in the corporate circles, has joined the Aam Admi Party.

V. Balakrishnan Photo: Reuters V. Balakrishnan <em>Photo: Reuters</em>
In a surprise move, V. Balakrishnan, who stepped down as Board member of software behemoth Infosys recently creating ripples in the corporate circles, has joined the Aam Admi Party.

"Yes, I have become member of AAP, have got the confirmation today," Balakrishnan said with his move to dabble in politics coming three weeks after his sudden exit from the country's second- largest software services exporter. "They (AAP) have revolutionised politics in this country; I'm fascinated with it," Balakrishnan said.

Announcing Balakrishnan's exit on December 20 as member of the Board and from services of the company, Infosys had said that the resignation is effective December 31, 2013. Balakrishnan, who joined Infosys in 1991 and later became its chief financial officer, was said to be a top contender to the post of chief executive officer.

In response to a question whether Balakrishnan is looking for a full-time political career along with business commitments, he said, "In future, I think so. I think I will be able to manage both." Balakrishnan, soon after his exit from Infosys, had said that he is waiting for approval of the Securities and Exchange Board of India for his private equity fund, which he has formed along with former Infosys executive Mohandas Pai and former Wipro executive Girish Paranjpe.

To a question on contesting the Lok Sabha elections, Balakrishnan said, " It's too early to say anything about it." Balakrishnan was also the business process outsourcing head at Infosys as well as the Chairman of Infosys Lodestone, a global management consultancy firm.

Published on: Jan 02, 2014, 12:58 PM IST
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