He will be replaced by M.D. Ranganath at the close of business October 12, 2015.
Infosys Chief Financial Officer (CFO) Rajiv Bansal has informed Infosys of his intention to resign. He will be replaced by M.D. Ranganath at the close of business October 12, 2015.
Bansal was working with Infosys as the CFO of since October 2012.
Vishal Sikka CEO, commented, “I would like to thank Rajiv for his outstanding contribution to the company and for being a great partner over the past 16 months. As Infosys’ CFO, Rajiv has led our financial strategy and has been instrumental in bringing us to this point in our transformational journey. He’s a brilliant CFO and we will miss him even as we respect his decision and wish him continued success in his future endeavors.”Rajiv said, “It has been an absolute privilege and pleasure to work at Infosys. It has been a most exciting and
rewarding experience. I am proud of what we have achieved as a teamand am sure that Infosys, under the leadership of Vishal, will scale new heights in the times ahead.”
Rajiv will continue as an advisor to the CEO and the Board through December 31, 2015 in order to provide a smooth transition.
Ranganath has held several leadership positions during a tenure of nearly 15 years with Infosys. He is
currently Executive Vice President and Head of Strategic Operations, responsible for Strategic Planning, Risk
Management, Mergers & Acquisitions and Corporate Marketing. In earlier roles at the company, he was the
Chief Risk Officer for over 5 years, implementing the Enterprise Risk Management Program and leading cost
optimization initiatives as Senior Vice President in the Chairman’s office. Prior to working at Infosys, he held
leadership responsibilities in treasury, planning and credit functions at ICICI Limited. Ranga is a post graduate
(PGDM) from the Indian Institute of Management, Ahmedabad, holds a master's degree in technology from
the Indian Institute of Technology, Madras and is an Associate Member of CPA, Australia.
Commenting on the appointment, Dr. Vishal Sikka, CEO and Managing Director said, “Over the course of the
last sixteen months, I have come to know Ranga as a passionate leader and a balanced leader with
tremendous ability, knowledge and integrity. We welcome him as our CFO.”
Bansal was working with Infosys as the CFO of since October 2012.
Vishal Sikka CEO, commented, “I would like to thank Rajiv for his outstanding contribution to the company and for being a great partner over the past 16 months. As Infosys’ CFO, Rajiv has led our financial strategy and has been instrumental in bringing us to this point in our transformational journey. He’s a brilliant CFO and we will miss him even as we respect his decision and wish him continued success in his future endeavors.”Rajiv said, “It has been an absolute privilege and pleasure to work at Infosys. It has been a most exciting and
rewarding experience. I am proud of what we have achieved as a teamand am sure that Infosys, under the leadership of Vishal, will scale new heights in the times ahead.”
Rajiv will continue as an advisor to the CEO and the Board through December 31, 2015 in order to provide a smooth transition.
Ranganath has held several leadership positions during a tenure of nearly 15 years with Infosys. He is
currently Executive Vice President and Head of Strategic Operations, responsible for Strategic Planning, Risk
Management, Mergers & Acquisitions and Corporate Marketing. In earlier roles at the company, he was the
Chief Risk Officer for over 5 years, implementing the Enterprise Risk Management Program and leading cost
optimization initiatives as Senior Vice President in the Chairman’s office. Prior to working at Infosys, he held
leadership responsibilities in treasury, planning and credit functions at ICICI Limited. Ranga is a post graduate
(PGDM) from the Indian Institute of Management, Ahmedabad, holds a master's degree in technology from
the Indian Institute of Technology, Madras and is an Associate Member of CPA, Australia.
Commenting on the appointment, Dr. Vishal Sikka, CEO and Managing Director said, “Over the course of the
last sixteen months, I have come to know Ranga as a passionate leader and a balanced leader with
tremendous ability, knowledge and integrity. We welcome him as our CFO.”
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