Vishal Sikka has resigned as Infosys chief executive and managing director, the company said in a statement Friday.
The firm`s chief operating officer U. Pravin Rao will take over the role on an interim basis with immediate effect.
Infosys is one of India`s largest IT services firms. Mr Sikka was appointed in June 2014 and tasked with turning around the struggling business.
Shares of the company tumbled 7% following the announcement.
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