With the appointment of Parekh as the new CEO, Rao will return to being COO, the company said on Saturday. “We are delighted to have Salil joining as CEO and MD of Infosys. With his strong track record and extensive experience, we believe we have the right person to lead Infosys,” said Kiran Mazumdar Shaw, Chairperson of the Nomination and Remuneration Committee in the Infosys Board. Parekh was earlier a member of the Group Executive Board at Capgemini. The Paris-headquartered Capgemini announced Parekh’s departure, saying, “Capgemini and Salil Parekh have agreed on Salil’s departure.

Source: Indian Express December 02, 2017 21:56 UTC