
New Delhi: India's second largest IT firm
Infosys said today that it has appointed Salil S Parekh as its
CEO and Managing Director.
Parekh, who is joining the company from Capgemini, will
take over on January 2, 2018, Infosys said in a statement.
"He (Parekh) has nearly three decades of global
experience in the IT services industry. He has a strong track
record of executing business turnarounds and managing very
successful acquisitions," said Nandan Nilekani, Chairman of
Infosys Board.
The board believes that Parekh is the right person to
lead Infosys at this transformative time in the industry, he
added.
Previously, Parekh was associated with Capgemini where he
was a member of the Group Executive Board.
He has Master of Engineering degrees in Computer Science
and Mechanical Engineering from Cornell University, and a
Bachelor of Technology degree in Aeronautical Engineering from
the Indian Institute of Technology, Bombay.
U B Pravin Rao will step down as the interim CEO and
Managing Director effective January 2, 2018 and will continue
as Chief Operating Officer and a whole-time Director of the
company, Infosys said. PTI