Who is appointed as the CEO of Infosys in place of Vishal Sikka?

Question

UnlockIAS · Accepted Answer

Correct — B, Salil Parekh. After Vishal Sikka resigned as CEO of Infosys in August 2017, the board named Salil Parekh — a senior executive who came in from Capgemini — as Chief Executive Officer and Managing Director. The appointment was announced in December 2017 and he took charge on 2 January 2018.

Why the other options are wrong — (a) Long-time chairman of HDFC; the shared surname 'Parekh' is the trap — he never headed Infosys.  (c) An Infosys co-founder who returned in August 2017 as non-executive Chairman of the board — a governance role, not the CEO's post.  (d) Co-founder and former chairman/mentor of Infosys; he was not appointed to this CEO position.

Concept: Infosys is a Bengaluru-based information-technology services company and one of India's largest software exporters. A CEO/Managing Director runs day-to-day operations, while the board chairman leads governance. In 2017, Vishal Sikka's exit amid a founder–management dispute led to Nandan Nilekani returning as chairman and Salil Parekh being brought in as the new CEO.

State PCS 2018 Q13 — Current Affairs & Sports PYQ with Answer

State PCS 2018 Q13 — Current Affairs & Sports PYQ with Answer