In sudden move, Infosys’ chief compliance officer quits

BENGALURU: Infosys‘ chief compliance officer and general counsel David Kennedy has quit, a sudden departure that immediately led to speculation about whether it had something to do with the controversy around the severance agreement with former CFO Rajiv Bansal. Infosys denied any connection, but did not provide any reasons for Kennedy’s exit. The company will
In sudden move, Infosys’ chief compliance officer quits
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Infosys had said that there was no impropriety of any nature related to Bansal’s exit and some part of his severance money was suspended due to pending clarifications. The company had also said that Bansal’s payment was suspended not on account of any extraneous considerations
Bansal exited the firm with an initial Rs 17.38-crore severance payout that was halted by the firm after it paid two instalments.

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