Infosys appoints Salil S Parekh as CEO & MD

Cornelia Mascio
Dicembre 2, 2017

Infosys, India's No.2 IT services company, said on Saturday it had named Salil S Parekh, an executive at consultancy firm Capgemini, as its next chief executive officer and managing director.

Mr. Parekh joins Infosys from Capgemini, where he was a member of the Group Executive Board.

Parekh has been appointed for a five-year term effective January 2, according to an Infosys filing to exchanges.

U.B. Pravin Rao who was serving as the interim CEO has been re-designated as chief operating officer from January 2, Infosys said. Nandan Nilekani will continue as the non-executive chairman of the IT behemoth.

"After a comprehensive global search effort, we are pleased to appoint Salil as the CEO & MD", said Kiran Mazumdar-Shaw, chairperson of the nomination & remuneration committee at Infosys.

"We are delighted to have Salil joining as the CEO and MD of Infosys". He has almost three decades of global experience in the IT services industry. During his seventeen years with the company, he has occupied various leadership positions in the Group. He has almost three decades of global experience in the IT services industry.

Parekh has also been a partner with Ernst & Young.

Parekh 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.

Nilekani, credited with four-fold growth in Infosys' revenue to $2 billion during his tenure as CEO, had said at the time that cultural fit would be an important criteria for the top job, making internal candidates "very strong contenders".

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