Bangalore: The finance manger of Infosys technologies who came out of his founding IT company last week, has criticised the senior directors of Infosys as being conservative in approach and going by old traditions.
T.V Mohandas Pai, who left Infosys recently as a Director and Governing Board member after 17 years, has accused present top brass of the company of (their) inability to appreciate changes, and being responsible for the No.1 Company in IT sector losing its luster.
On Tuesday in a interview to a TV Channel, he pointed to mentor N.R Narayana Murthy and his management team as traditional in approach and lagging behind many others. Seniority of a person is not decisive and only factor to choose a new leader. The present team does not welcome new ideas, or change in texture. He has suggested capacity to do, creativity to welcome to change and the transformation in next 5 years, should be decisive in selecting new leader.
Perhaps he was in that run, and he was discarded as a new leader while Infosys made over Rs.7,500 crore as profit for 2010-11, he left the company like Nandan Nilekani.
He recollected the history and told the press and TV channels that a few founders of the company who reached  great heights decided to stagnate there and refused to hand over the leadership to  anew generation of modern achievements. The company needed young blood and new thoughts. The young had revolutionary ideas, but as they grow old they became traditional in approach, he quipped.