The Oasis Reporters
November 30, 2021
Parag Agrawal, an IIT-Bombay graduate, became the new Twitter chief executive officer (CEO) on Monday (November 29) to replace Twitter co-founder Jack Dorsey.
Parag Agrawal joined Twitter in 2011 and has served as its Chief Technology Officer (CTO) since October 2017.
Parag Agrawal, a Computer Science and Engineering graduate from IIT Bombay is also a PhD holder from Stanford University. He has previously also worked with Microsoft, Yahoo, and AT&T Labs before joining Twitter.
Parag, 37, will receive an annual salary of USD 1 million-plus bonuses, the company said in a filing with the U.S. Securities and Exchange Commission (SEC).
Chukwu Emeka -Enyi commented that
India is projected to have only 10% poverty rate in FY2022. Nigeria is projected to have 45% poverty rate. This is inspite of India having a population of 1billion people.
And when you discuss with Indian IT pros, they’ll tell you the same thing. I initially thought there was a deliberate government policy that pushed Indians into IT but no, it was basically an escape route for most of them hence their dominance in IT.
Frank Njoku added that the Indian Institute of Technology (IIT) founded in 1951 set the foundation for churning out science and engineering based graduates. The graduates from IIT populate Silicon Valley, high tech institutions and Fortune 500 companies.
The Indian CEOs are good at crunching numbers, cost-cutting, etc. They are masters of lean management principles and are sought after.
How many institutions of higher learning in Nigeria can be described as world class?
The Indian Institute of Technology with about 7 independent campuses are among the best in the world and can compare to MIT.
Kelechi Deca added that blending India’s culture of hands-on management with very stable and strong family systems devoid of distractions ( how many top Indians have you read fighting over divorce) with global exposure in the field of technology makes them world beaters. Organisations prefer such leaders who are focused and less likely to have scandals. Moreso, they don’t play Cricket in America. So work till death.
Indians took IT as an escape route from poverty the same way Igbos took business as a escape route from poverty since 1970.
IT is the only major paying jobs in India far better than other professionals hence the embrace of IT.
Everyone embraces IT in India including small kiosks that have their sales and receipts computerized. This full embrace means small IT companies can survive in India.
The new Twitter CEO Parag Agrawal’s wife, Vineeta Agarwala is a physician and adjunct clinical professor at Stanford School of Medicine, according to her Twitter profile. The couple has one son named Ansh.
Parag’s parents are Mumbai-born. His mother is a retired school teacher, and his father was previously employed in the atomic energy sector and held senior positions there.
Additional reporting: DNA Web Team