Infosys Board Appoints Ashiss Kumar Dash as CEO Designate

Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, today announced the appointment of Ashiss Kumar Dash as CEO Designate. This appointment is based on the recommendation of the Nomination and Remuneration Committee of the Infosys Board, and is for a period of five years, subject to the approval of shareholders.

Dash is currently the global head of a diverse business portfolio comprising multiple industry verticals and is planned to succeed Salil Parekh as Managing Director & Chief Executive Officer on April 1, 2027, following the completion of Salil's second term, after over 9 years.

Having spent over three decades with Infosys, Dash has held senior leadership roles spanning customerfacing businesses, delivery, and global operations across multiple geographies. He also leads the sustainability business across the company. He has consistently delivered strong business performance, helped clients navigate complex business and technology transformations, and built high-performing global teams. The Board believes this combination of strategic and commercial acumen together with his technology delivery experience, uniquely positions him to lead Infosys through its next phase of AI-led transformation, while building on the Company's enduring strengths.

Nandan Nilekani, Chairman of the Board, Infosys said, "The Board is delighted to appoint Dash as CEO Designate. Our industry is entering a period of considerable change. The Board was clear that our next CEO needed to combine the ability to drive bold transformation with the judgment to preserve the values and customer trust that have always distinguished Infosys. It gives me great pleasure that we have an internal leader as our next CEO. On behalf of the Board, I also thank Salil for his outstanding leadership over 9 years. Under his stewardship, Infosys has strengthened its market position, expanded its capabilities, delivered significant value to shareholders, and built a strong platform for future growth. Salil has been instrumental in the turnaround of the company, establishing its leadership in the digital era, and for laying the foundation for a strong and differentiated AI strategy. He will continue to lead the Company until March 31, 2027, and work closely with Dash to ensure a seamless leadership transition."

Salil Parekh, MD & CEO, Infosys said "It has been an honour for me to be the custodian of such a prestigious company, to partner with the leading companies of the world as clients, and to collaborate with an incredible team. I have enjoyed leading the company from $10 billion in revenue to over $20 billion in revenue through my two terms. We have established Infosys as a leader in digital transformation and have put in place a distinctive strategy for AI transformation. We have built a strong leadership team through this journey that is deeply committed to a One Infosys agenda. Having worked closely with Dash over many years, I have seen first-hand his integrity, customer focus, and ability to lead through change. He brings a deep understanding of our clients, our business, and our people, together with the vision and capability to lead Infosys through its next phase of transformation. I look forward to working closely with him over the coming months to ensure a smooth and successful transition."

Ashiss Kumar Dash, CEO Designate, Infosys said, "I am honoured by the confidence that the Board has placed in me and excited about the opportunity to lead Infosys into its next chapter. I would also like to thank Salil for his mentorship, guidance, and the countless opportunities for growth over the years. I look forward to collaborating with him to ensure a seamless transition. Technology is entering a new era, with AI fundamentally reshaping how businesses operate and create value. Infosys begins this next phase from a position of enormous strength-with a clearly articulated AI strategy, exceptional talent, deep client relationships, and values that have earned the trust of customers globally. My commitment is to build on those strengths while accelerating innovation, expanding our capabilities and helping our clients succeed in an increasingly AI-driven world. Together with the outstanding leadership team, all my colleagues, customers and partners, I look forward to shaping the next chapter of Infosys journey and creating enduring value for all our stakeholders."

Shares of Infosys Limited was last trading in BSE at Rs. 1051.80 as compared to the previous close of Rs. 1052.30. The total number of shares traded during the day was 845701 in over 32785 trades.

The stock hit an intraday high of Rs. 1057.20 and intraday low of 1032.30. The net turnover during the day was Rs. 884585858.00.

Source : Equity Bulls

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Infosys INE009A01021 INFY Appointment CEO