Infosys disclosed that Salil Parekh will step down as CEO and managing director, effective April 1, 2027, after nearly nine years at the helm, with Ashiss Kumar Dash appointed as CEO-designate to ensure a smooth transition. The board emphasized the need for bold transformation while preserving trust and values, noting Dash as an internal successor well-placed to accelerate AI-led growth. Dash, currently Infosys’s head of a diversified portfolio and sustainability lead, is slated to take over as MD and CEO on April 1, 2027, pending shareholder approval. The announcements come as Infosys faces pressure from AI-driven disruption, with a Reuters report noting revenue concerns amid cautious client spending. Infosys’s leadership change underscores its focus on maintaining continuity amid a shifting technology landscape and its ongoing commitment to AI strategy. Dash’s appointment is described as aligning with the company’s long-term objective of AI-led transformation and sustained value creation for clients and shareholders.