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No more Rajiv Bansal-like situation, promises Infosys chairman

<p>Infosys Chairman R Seshasayee today sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place</p>

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Mumbai: Infosys Chairman R Seshasayee today sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.

"At that time, it was a business judgement, there was an application of mind by the board and it was agreed to be paid. In retrospect, I have no hesitation in saying perhaps that judgement would have been different if circumstances were different or if the processes had been there," Seshasayee said speaking about Bansal whose hefty severance package has drawn flak from founders like N R Narayana Murthy.

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