Thursday, October 18, 2018
News

Parekh to build stronger Infosys, connect with founders

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bengaluru | Friday, 2018 10:15:05 PM IST
Terming the global software major a phenomenal company started by people with a great vision, newly-appointed Chief Executive Salil Parkeh on Friday exuded confidence in building a stronger Infosys.

"This is a phenomenal company, started by people with a great vision, which I think is going to last a long time. My hope is to be connected with its founders and build a stronger Infosys," Parekh told reporters in his maiden interaction with the media here.

Parekh, 53, is the second non-promoter executive to lead the $10 billion iconic firm after its first non-founder CEO Vishal Sikka resigned in August over governance issues with its promoters, especially N.R Narayana Murthy last year.

"I always had respect for Infosys for a number of years. When I had the opportunity to take this role, it was very exciting. Infosys has a strong foundation of business. I hope to make it stronger with the team.

"My interactions with Nandan (Nilekani) and the Board have given me enough confidence to build a stronger company," he said.

Co-founder Nilekani, 62, rejoined Infosys in August as Chairman at the request of the previous Board, as the company faced disruptions at the management level last year.

Parekh, a former executive board member of the Paris-based IT firm Capgemeni, said that going ahead digital would be a critical element of the company's business.

"I am in the process of reviewing our portfolio, which will take a few weeks. Any technology found working for the clients will be continued. As we are more a horizontal platform, we are trying to build a vertical integrated platform," he said.

Clarifying that the company had no plans to reduce headcount, Parekh said the focus would be on reskilling the employees.

"Interactions with clients, partners and employees are the action plan for the next few months," he pointed out.

Noting that it was important to have a strong consulting business, Parekh said it would be an advantage in the market.

"Our focus is to look at a definitive closing for the year. When we get a look at our closing for the year, we will have a vision for the next fiscal," he said.

--IANS bha-fb/vd

( 374 Words)

2018-01-12-21:44:07 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Housing prices in Delhi fall over last 8...
RIL to buy stake in Hathway cables and D...
RIL Q2 net up 17% at Rs 9,516 cr; petche...
Cyient's QoQ net up by 54 percent...
RBI reaffirms decision on tenure of Yes ...
Reliance makes strategic investment in S...
More...
 
INDIA WORLD ASIA
Gujarat invites Karnataka Governor, CM t...
President accepts MJ Akbar's resignation...
Siddharth stars in U Mumba's 2nd win ove...
Protesters clash with police near Sabari...
Akbar, a famous editor, who fell from th...
President accepts Akbar's resignation...
More...    
 
 Top Stories
'Goosebumps 2: Haunted Halloween' g... 
RBI reaffirms decision on tenure of... 
Sri Lankan President calls Modi, re... 
Cyient's QoQ net up by 54 percent... 
RIL Q2 net up 17% at Rs 9,516 cr; p... 
RIL to buy stake in Hathway cables ... 
Housing prices in Delhi fall over l... 
Teenage boy drowns in DDA lake...