Infosys Appoints Salil S Parekh as MD & CEO

Infosys annouced the appointment of Salil S. Parekh as its new CEO and Managing Director. Salil was in Capegemini earlier.

The Bengaluru-headquartered company was searching for a new CEO after former CEO Vishal Sikka resigned in August 2017. Cofounder Nandan Nilekani returned to the company as non-executive chairman to steady operations.
News in-a-line:
Salil S. Parekh- new CEO and Managing Director of Bengaluru-headquartered Infosys, Nandan Nilekani returned as non-executive chairman.
Static/Current Takeaways Important for IBPS PO Mains 2017 Exam-
  • Infosys is country’s no. 2 software services exporter.
Source- The Economic Times