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Coforge Director Resigns Amid Boardroom Tensions
11 Sep
Summary
- DK Singh resigned as a non-executive independent director.
- Singh cited 'differences and tensions' between directors.
- This follows the chairman's earlier resignation.
DK Singh, a non-executive independent director at Indian IT firm Coforge, has resigned from his position. In his resignation letter, Singh cited "differences and tensions" between the company's independent and executive directors as the reason for his departure. This development follows closely on the heels of Om Prakash Bhatt's resignation as chairman earlier in the week.
Reports indicate that Bhatt had allegedly failed to disclose a finding from a board evaluation. Specifically, he had reportedly withheld information about receiving a low rating in the evaluation from the rest of the board. The circumstances surrounding these resignations suggest internal discord within Coforge's leadership.
