India’s second largest IT Major, Infosys Chief Operating Officer Pravin Rao will be retiring in the third quarter of the current fiscal and the company will announce a new corporate structure soon, the company said in a statement.
The company said it has “a very strong” set of leaders within Infosys and asserted that it does not foresee any challenges in the upcoming top-level transition and succession of the role.
“We have already put together what we look into in terms of our structure, we will announce it internally in coming weeks. And then we will obviously communicate that outside. So very soon you will get to see what that is,” Salil Parekh, the CEO, and MD of Infosys said.
Rao will be stepping down soon, and December 11 will be his last day in the company.
Pravin Rao, Chief Operating Officer of Infosys and a Whole-time Director of the Board was inducted on January 10, 2014 as a member of the Board.
He is a member of the Stakeholder Relationship Committee and the Corporate Social Responsibility Committee of the Board. As the Chief Operating Officer, Rao has overall strategic and operational responsibility for the entire portfolio of the Company’s offerings.
Rao oversees the key functions of global delivery and business enablement. He has over 35 years of industry experience. Since joining Infosys in 1986, he has held a number of senior leadership roles including Interim Chief Executive Officer and Managing Director, Head of Infrastructure Management Services, Delivery Head for Europe, and Head of Retail, Consumer Packaged Goods, Logistics and Life Sciences.
He holds a degree in Electrical Engineering from Bangalore University, India. He is a member of the Executive Council of the National Association of Software and Service Companies (NASSCOM).