Infosys has announced the appointment of Salil S Parekh as CEO and MD of the company for five years effective January 2, 2018. Simultaneously, UB Pravin Rao would be re-designated as COO and Whole Time Director and would step down as interim CEO and MD. Mr Parekh has rich experience of 25 years with Capgemini (~$15-billion revenue company with head count of ~1,90,000 employees). Mr Parekh, who had been a member of Capgemini's group executive board (equivalent to a deputy CEO's post), brings rich global exposure with a strong client relationship...