Omkar Goswami, independent director on the board of IT bellwether Infosys Ltd since 2000, retired Wednesday in accordance with the company’s retirement policy.
“Goswami has been a part of our journey for over a decade. The company benefited from his rich experience as a professional economist,” Infosys non-executive chairman K.V.Kamath said in a statement later.
A noted economist, Goswami is founder and chairman of Corporate and Economic Research Group (CERG) Advisory Ltd and served on committees of several state-run and private organizations, including the Confederation of Indian Industry (CII) committee on corporate governance.
“It has been a honour and privilege to serve on the Infosys’ board, which I joined in November 2000, when the company’s annual (fiscal 2000-01) revenue crossed $200 million and demitting office when its revenues crossed $8 billion in fiscal 2013-14,” Goswami said in the statement.
Goswami was also a member of the Vijay Kelkar committee on direct tax reforms and a consultant to World Bank (WB), International Monetary Fund (IMF), Asian Development Bank (ADB) and Organisation for Economic Co-operation Development (OECD).
“Throughout the progress of this iconic company, some things have not changed, viz., its commitment to transparency, strong corporate values and integrity. These are what make me proud of Infosys, and confident of its future,” Goswami recalled.
A post-graduate from Delhi School of Economics, Goswami did a doctorate in economics from University of Oxford. He taught and researched in the subject for 18 years at many varsities across the country and overseas.