Infosys announced on 23 July 23, 2026 that Salil Parekh will step down as Managing Director and Chief Executive Officer effective 1 April 2027, ending a tenure of more than nine years, with company veteran Ashiss Kumar Dash named CEO Designate to succeed him.
The IT services major said in a regulatory filing that Dash would take over as Managing Director and CEO from 1 April 2027, following the completion of Parekh’s second term. His appointment, recommended by the board’s Nomination and Remuneration Committee, is for a five-year term subject to shareholder approval. Dash will serve as CEO Designate until the transition, working alongside Parekh to ensure continuity at the helm of India’s second-largest IT firm.
Parekh, who joined Infosys in January 2018, is the longest-serving non-founder CEO in the company’s history. His current five-year term was scheduled to end on 31 March 2027.
Reflecting on his tenure, Parekh 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.” He added that he had led the company from $10 billion in revenue to over $20 billion across his two terms, establishing Infosys as a leader in digital transformation and putting in place a strategy for AI transformation.
Chairman Nandan Nilekani credited Parekh with steering the company’s turnaround. “On behalf of the Board, I also thank Salil for his outstanding leadership over 9 years,” he said, adding that Parekh had strengthened the company’s market position, delivered value to shareholders, and laid the foundation for a differentiated AI strategy.
Dash, who has spent over three decades at Infosys, currently serves as Executive Vice President and Global Head of Services, Utilities, Resources, Energy and Enterprise Sustainability, leading a portfolio of more than 12 industry verticals. An alumnus of IIT Kharagpur, he has completed the Global Leadership Program at Stanford University and the Senior Executive Program at London Business School. He 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.”
The transition comes as Infosys navigates a cautious demand environment. The company recently trimmed the upper end of its FY27 revenue growth guidance to a range of 1.5% to 3% amid global uncertainty and subdued discretionary spending, a backdrop against which the new leadership will be closely watched by investors.
