Amidst a chain of high-profile departures, Infosys bids adieu to Richard Lobo, its Executive Vice President and former HR head. Opting for new endeavors, Lobo gracefully stepped into a special projects role, handpicked by Parekh, following Sushanth Tharappan’s recent HR leadership appointment. In the official statement by Infosys it was said that
This is to inform that Richard Lobo, Executive Vice President and Senior Management Personnel, has resigned from the services of the Company. His last date with the company would be August 31, 2023. The Company places on record its deep sense of appreciation for the services rendered by him and for his contributions to the company.
In his resignation letter to Chief Executive Officer Salil Parekh, Lobo wrote, “I’m writing to inform you of my decision to resign from my position at Infosys. I’m grateful for the opportunities and experiences I have had during my time here.” Talking about Richard’s working contribution towards Infosys, Lobo is an Infosys veteran, and served as the head of HR at the company from 2015 to 2023. Lobo also joined Infosys in 2000 and headed HR for some industry practices. He is an alumnus of Xavier’s Institute of Management and a mechanical engineer from the Manipal Institute of Technology.
The HR landscape at Infosys witnessed its second major shift this year as Tharappan assumed the position of head of HR, succeeding Krish Shankar, who retired. Additionally, earlier in March, Shaji Mathew stepped in as the global head of HR. Lobo’s departure aligns with a broader trend of top-level executives leaving Infosys, with many of them embarking on leadership roles at other prominent organizations.
In July, Global Chief Information Security Officer and Business Head at Infosys Vishal Salvi left the company to be appointed the CEO of cybersecurity company Quick Heal. Narsimha Rao Mannepalli, EVP & Co-Head of Delivery & Head of Cloud, Infrastructure and Cybersecurity left Infosys in June after 22 years.