Nagavara Ramarao Narayana Murthy (born 20 August 1946) is an Indian billionaire businessman. He is the founder of Infosys, and was the chairman, chief executive officer (CEO), president, and chief mentor of the company before retiring and becoming chairman emeritus. As of January 2025, his net worth was estimated at US$5.0 billion, according to Forbes.
Murthy was born and raised in Sidlaghatta, Karnataka. He first worked at the Indian Institute of Management Ahmedabad, as chief systems programmer, and Patni Computer Systems in Pune, Maharashtra. He founded Infosys in 1981 and was the CEO from 1981 to 2002, as well as the chairman from 2002 to 2011. In 2011, he stepped down from the board and became the chairman emeritus. In June 2013, Murthy was appointed as the executive chairman for a period of five years.
Murthy has been listed among the 12 greatest entrepreneurs of our time by Fortune magazine. He has been described as the "father of the Indian IT sector" by Time magazine and CNBC for his contribution to outsourcing in India. In 2005, he co-chaired the World Economic Forum in Davos, Switzerland. Murthy has been honoured with the Padma Vibhushan and Padma Shri awards. into a Kannada speaking middle-class Deshastha Madhva Brahmin family. After completing his school education, he went to the National Institute of Engineering and graduated in 1967 with a bachelor's degree in electrical engineering. In 1969 he received his master's degree from the Indian Institute of Technology Kanpur.
In 2007, Murthy received an honorary degree from Lancaster University.
Career
Murthy first worked as a research associate under a faculty at IIM Ahmedabad and then later as the chief systems programmer. There he worked on India's first time-sharing computer system He started a company named Softronics. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune.
Murthy mentions that being arrested and expelled for no good reason during the communist era 1974 in a border town near the Yugoslav-Bulgarian border, turned him into a "compassionate capitalist" from a "confused leftist/communist". In 1981 he, with six software professionals, founded Infosys with an initial capital investment of Rs 10,000, which was provided by his wife Sudha Murty. Murthy was the CEO of Infosys for 21 years from 1981 to 2002 He was the chairman of the board from 2002 to 2006, after which he also became the chief mentor. In August 2011, he retired from the company, taking the title chairman emeritus. He is also a member of the advisory boards and councils of several educational and philanthropic institutions, He is also the Chairman of the Governing board of Public Health Foundation of India. He is on the Asia Pacific advisory board of British Telecommunications.
In June 2013, Murthy returned to Infosys as executive chairman and a director. In June 2014, he stood down as executive chairman, was non-executive chairman until October, when he became chairman emeritus.
Murthy is also on the strategic board which advises the national law firm, Cyril Amarchand Mangaldas, on strategic, policy and governance issues. He is a member of IESE's International Advisory Board (IAB).
In 2010, Murthy has made an investment in SKS Microfinance along with venture capitalist Vinod Khosla.
In 2016, Murthy participated in FXC as a Board Member.
Views on working hours
In late 2023, a comment by Murthy suggesting that young people should work 70 hours a week to boost national productivity sparked a widespread public debate in India. He rejected the notion of work–life balance and refused to retract his statement. In November 2024, he clarified that the remark was a matter for "personal introspection" and not a mandate. He stated that while he worked more than 70 hours a week for over 40 years, it was a personal choice, adding, "There's nobody who can say, you should do it, you should not do it, no".
Personal life
Murthy's wife Sudha is an educator, author, and philanthropist who has served as the chairperson of the non-profit Infosys Foundation. They have two children together: a son, Rohan, and a daughter, Akshata. From June 2013 to June 2014, Rohan Murthy joined Infosys as an executive assistant to his father. In 2009, Akshata married British-Indian Conservative politician Rishi Sunak, who served as Prime Minister of the United Kingdom from 2022 to 2024.
Awards and honours
thumb|President [[Pratibha Patil presenting the Padma Vibhushan to N. R. Narayana Murthy, at Rashtrapati Bhavan, in 2008]]
{| class="wikitable sortable"
|-
! Year !! Name !! Awarding organization !! Ref.
|-
| 2000
| Padma Shri
| Government of India
|
|-
|2002
|IET Honorary Fellow
|Institution of Engineering and Technology
|
|-
| 2003
| Ernst & Young World Entrepreneur Of The Year
| Ernst & Young World Entrepreneur of the Year Jury
|
|-
| 2007
| IEEE Ernst Weber Engineering Leadership Recognition
| Institute of Electrical and Electronics Engineers
|
|-
| 2007
| Honorary Commander of the Order of the British Empire (CBE)
| Government of United Kingdom
|
|-
| 2007
| Honorary Degree
| Lancaster University
|
|-
| 2008
| Officer of the Legion of Honour
| Government of France
|
|-
| 2008
| Padma Vibhushan
| Government of India
|
|-
| 2009
| Woodrow Wilson Award for Corporate Citizenship
| Woodrow Wilson International Center for Scholars
|
|-
|2009
|Doctorate of Science (Honoris Causa)
|Shri Mata Vaishno Devi University
|[https://www.hindustantimes.com/india/second-convocation-of-smvdu-held/story-k3EokC9jdkA1icBi2ZDvjL.html]
|-
| 2010
| IEEE Honorary Membership
| Institute of Electrical and Electronics Engineers.
|
|-
| 2011
| NDTV Indian of the Year's Icon of India
| NDTV
|
|-
| 2012
| Hoover Medal
| American Society of Mechanical Engineers
|
|-
| 2013
| Philanthropist of the Year
| The Asian Awards
|
|-
| 2013
| Sayaji Ratna Award
| Baroda Management Association, Vadodara
|
|-
| 2013
| 25 Greatest Global Indian Living Legends
| NDTV
|
|-
| 2014
| CIF Global Indian Award
| Canada India Foundation
|
|-
| 2018
| Asian Scientist 100
| Asian Scientist
|
|-
| 2019
| Asian Scientist 100
| Asian Scientist
|
|-
|2024
|India Lifetime Achievement Award as a part of the 2024 Patrick J. McGovern Awards
|Chiratae Ventures
|
|}
Bibliography
References
Further reading
External links
- Profile at Infosys