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Guest of Honour

Engineers’ Day - 2015

Padma Vibhushan Er. N. R. Narayana Murthy

Ex. Chairman, Infosys


  Er. N. R. Narayana Murthy, is an Indian IT Industrialist and the founder and currently the non-executive Chairman and Chief Mentor of Infosys Technologies Limited, a global consulting and IT services company based in India. He has often been called the father of Indian IT industry.

Birth and Education
Narayana Murthy was born into a Kannada Madhva Brahmin middle class family in Mysore in Sidlaghatta near Muddenahalli (Birth place of Sir M Vishveshwarya), on August 20, 1946. Since his school days he was sharp in studies and would mark himself in crowd by intellectual means. His father was teacher in a high school and he belonged to poor family. It was his dream to pursue engineering from Indian Institute of Technology (IIT). But couldn't do so due to poor financial condition of parents. He graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967 and received his master's degree from IIT Kanpur in 1969.

Career
He started his career at IIM Ahmedabad as chief systems programmer where he worked on a time-sharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited). After IIM Ahmedabad, Narayana Murthy joined Patni Computer Systems in Pune. Before moving to Mumbai, Murthy met Sudha Kulkarni in Pune an engineer working at Tata Engineering and Locomotive Co. Ltd. in Pune. In 1981, And then they were tied in wedding knot soon.

Early Inspiration
He was inspired by his father and his teachers to be curious and articulate and to respect the values of sacrifice, truth and public welfare. Poverty and social upliftment issues were always a major concern for him. He firmly believed that job creation and finding a unique entrepreneurship idea was the only solution for these social evils. His biggest mantra for success is – “Keep your life simple and straight. That way, you get to work more and worry less.”

INFOSYS
Narayana Murthy founded Infosys in 1981 with six other software professionals. Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, Ashok Arora took a loan of Ten Thousand rupees from Sudha Murthy, his wife to kick start his dream. He is the Founder-Chairman of Infosys Technologies Limited, a global software consulting company headquartered in Bangalore, India. Under his leadership, Infosys was listed on NASDAQ in 1999.

Er. Murthy articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. Global delivery model means executing orders or services by a team at various locations. That is to implement similar programs at various locations by a team. This was the base for extra ordinary success in IT industry for outsourcing from India.

Narayana Murthy served the chair as the founder CEO of Infosys for 21 years. He retired from his executive position at Infosys on 20 August 2006. However, he continued as the Non-Executive Chairman of the Board. He retired from Infosys effective from 11th October 2014. Murthy started a new venture capital fund called Catamaran Venture Fund with the money he got by selling 800,000 Infosys shares worth 174 Crores. Sudha Murthy also helped his VC Fund by giving him Rs. 430 crores which she got by selling Infosys shares.

Global Achievements
Narayana Murthy, after stepping down as CEO of Infosys in 2002, has broadened his scope of activities to social services as well as promoting India in the global market. His corporate and social vision has been appreciated globally and he is the recipient of several National& International Awards.

The Economist ranked Narayana Murthy among the ten most admired global business leaders in 2005. He topped the Economic Times list of India's most powerful CEOs for three consecutive years: 2004 to 2006. He appeared in the rankings of businessmen and innovators published by India Today, Business Standard, Forbes, Business Week, Time, CNN, Fortune, and Financial Times. He is a Fellow of the Indian National Academy of Engineering and a foreign member of the US National Academy of Engineering.

In December 2005, Narayana Murthy was voted as the 7th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit. The Economist ranked him 8th among the top 15 most admired global leaders (2005). He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years – 2004 and 2005.

He has served in several National and International institutions in various capacities and a separate article may be required to mention all those. Few of them are Central Board of RBI, Member. Prime Minister's council on Trade and Industry, Member- Asia Advisory Board of British Telecommunications and Chairman of committee on Corporate Governance of SEBI.

Personal life of Narayana Murthy
His wife, Sudha Murthy, (born on 19 August 1950) is daughter of a famous surgeon Dr. R. H. Kulkarni, She completed B.E. in Electrical Engineering from the B.V.Bhoomaraddi College of Engineering & Technology, Hubli, receiving a gold medal from the Chief Minister of Karnataka and M.E. in Computer Science from the Indian Institute of Science, receiving a gold medal. She joined TELCO Pune. While working in Patni computers, Pune, Narayan Murthy met Miss Sudha Kulkarni as an engineer in TELCO, Pune and soon married her. She is an Indian social worker and accomplished author. She is known for her philanthropic work through the Infosys Foundation. They have two children - Rohan and Akshata. Akshata is married to Rishi Sunak and Rohan is married to Lakshmi Venu, daughter of Venu Srinivasan of TVS Motors.

Sudha Murthy took a keen interest in the Infosys Foundation. She serves Infosys Foundation as chairperson and is a member of Gates Foundation public healthcare unit.

Awards and Honours
Narayana Murthy has been the recipient of numerous awards and honours. In 1999, Business Week named Narayana Murthy one of the nine entrepreneurs of the year and he also featured in the Business Week's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000). In 2001, Narayana Murthy was declared by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets.

TIME magazine's "Global Tech Influentials" list (August 2004) named him as one of the ten leaders who are helping shape of future technology. Narayana Murthy is also honoured as the first recipient of the Indo-French Forum Medal (2003) that was awarded by the Indo-French Forum in recognition of his role in promoting Indo-French ties. In the following years, Narayana Murthy was showered with many more awards and honorary titles. Narayana Murthy was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). He has been named the ninth recipient of the James C. Morgan Global Humanitarian Award. Sponsored by Applied Materials, Inc. the award honors individuals whose broad vision and leadership are focused on combating critical global problems.

Honours and Awards for Mr Murthy
1996 JRD Corporate Leadership Award by All India Management Association (AIMA)
1998 Distinguished Alumnus Award by IIT, Kanpur
2000 “Padma Shri” by Government of India
2001 Nikkei Asia Prize by Nikkei Inc.
2001 Max Schmidheiny Liberty Prize by Switzerland in recognition of his promotion of individual responsibility and liberty
2001 Wharton Business School Dean's Medal by University of Pennsylvania
2003 World Entrepreneur of the Year by Ernst and Young
2003 Asia's Businessmen of the Year by Fortune Magazine
2007 Commander of the Order of British Empire (CBE) by Government of UK
2008 Officer of the Legion of Honor by Government of France
2008 “Padma Vibhushan” by Government of India
2010 Foreign Associate Member by US National Academy of Engineering
2010 IEEE Honorary Membership Institute of Electrical and Electronic Engineering
2011 Indian of the year & Icon of India by NDTV
2012 Hoover Medal by American Society of Engineers for outstanding services by engineers to humanity"

Ideals

Murthy comes across as a very social and friendly man. He is a very cooperative and a good natured person and great philanthropist. From a very young age Mr. Murthy believed that money has real power only when it is used to uplift the whole community, and a not a selected few. He practices simple living and high thinking. And his only indulgence is in buying books.

• Book by Er. Narayana Murthy : A Better India, A Better World, Penguin Books, 2009, ISBN 978-0-670-08283-4