Overview
- Infosys named Nitin Paranjpe non-executive vice chairman with immediate effect, expanding his role on the board.
- He will work closely with Chairman Nandan Nilekani to shape long-term goals and the company’s strategic agenda.
- Nilekani said there is no plan for a chairman transition and that he will continue to lead the board.
- Infosys said Paranjpe’s expertise has already made a significant impact on the board’s work.
- Investors welcomed the step on the announcement day, and Paranjpe brings experience from Hindustan Unilever and Heineken that could support AI-led growth.