Infosys appoints Salil Parekh as CEO and Managing Director

Update: 2017-12-02 11:11 GMT

Mumbai: IT bellwether Infosys on Saturday named Salil Parekh as its Chief Executive Officer (CEO) and Managing Director (MD). He will take charge of the office from January 2, 2018, announced the company in a regulatory filing here.

"We are delighted to have Salil joining as the CEO and MD of Infosys. He 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, Infosys.

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Parekh will be joining Infosys from Capgemini.

The company said U.B. Pravin Rao will step down as interim CEO and MD effective January 2, 2018 and will continue as Chief Operating Officer and a whole-time Director of the company.

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