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Salil Parekh steadied the Infosys ship. But there are new storm clouds ahead: recession, attrition

By Amelia Podder

Salil Parekh, chief executive officer and managing director, Infosys

Synopsis

Leaving a tumultuous episode behind, Infosys is now the fastest-growing company in the Indian IT space. CEO Parekh recently got a fresh term for scripting the turnaround. But as he begins his second stint in the shadow of a looming recession and a scramble for talent, can he maintain the momentum?

When Salil Parekh took over as Infosys CEO in January 2018, he was stepping into a war zone.The corporate-governance battle between former CEO Vishal Sikka and founder NR Narayana Murthy had overshadowed the company for over a year. Anonymous letters were flying about, long-term institutional investors were getting tired of the dysfunction and were backing out of Infosys, clients were antsy, and employees were in uproar. Co-founder Nandan

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Amelia Podder