Infosys’ veteran Sushanth Tharappan to take over as new HR head

Lobo has been internally moved to be a part of a special team reporting directly under chief executive Salil Parekh, a source told ET.

Tharappan, senior vice president at the Bengaluru-based IT major, has been heading the Infosys Leadership Institute initiative for four years. The initiative offers a variety of leadership training programs, seminars and workshops for team development and it also addresses succession planning.

Infosys refused to comment on the development.

Tharappan has been at the Infosys Group for over 20 years and was previously the chief people officer at the company’s automation arm Edgeverve Systems. He holds a BSc degree from St. Aloysius and an MBA graduate from Mangalore University.

This is the second change in the HR department this year at the firm. Infosys announced the appointment of another company veteran Shaji Mathew as group head of human resources effective March. Shaji took over from Krishnamurthy Shankar (Krish), who retired after serving in this role in 2015.

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Infosys will announce its first-quarter results on July 20. It had pegged a 4-7% revenue growth for FY24–its slowest expansion in six years. In its annual general meeting last week, the IT major’s chairman Nandan Nilekani said the company is on a “solid foundation” to grow on back of its 95 large deals worth $9.8 billion bagged last fiscal.Chief executive Salil Parekh said the overall demand environment has changed with the global economy and the GDP rates slowing down. “We see now more clients’ attention moving from digital and cloud transformation to cost efficiency and automation. And we are fortunate that even in the consolidation area, we have a lot of opportunities,” he added at the same meeting.