Infosys appoints Nitin Paranjpe as Vice Chairman; Nandan Nilekani to continue as Chairman
Infosys has appointed Nitin Paranjpe as its non-executive Vice Chairman, with Nandan Nilekani continuing as Chairman. The move is seen as a strategic reinforcement of the company's leadership as it pivots toward AI-led growth.
Infosys has appointed Nitin Paranjpe, non-executive chairman of HUL, as its non-executive Vice Chairman with immediate effect. Paranjpe will work closely with Chairman Nandan Nilekani to guide the Board and shape the company's long-term strategic goals. Nilekani stated that he will continue as Chairman as long as necessary, with no immediate plans for a transition. The appointment comes as Infosys recalibrates its operations to align with a shift toward artificial intelligence and high-value tech consulting. Investors responded positively to the leadership stability and Paranjpe's global expertise. Infosys was trading at 1,182.60 INR, up 1.29% following the announcement.
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