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Infosys names Salil Parekh as CEO and MD

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IT giant Infosys said on Saturday it had named Salil S. Parekh, an executive at consultancy firm Capgemini, as its next CEO and MD. Parekh has been appointed for a five-year term effective January 2, according to an Infosys filing to exchanges. Infosys interim CEO Pravin Rao will be re-designated as the COO of the company from January 2, the statement added.

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