MD Ranganath becomes next Infosys CFO replacing Rajiv Bansal

Infosys has announced that its Chief Financial Officer Rajiv Bansal has resigned from the company. He will be replaced by MD Ranganath, who has been with the company for nearly 15 years.

Bansal will continue as an advisor to the CEO and the Board through December 31, 2015 to provide a smooth transition.

Infosys informed that, MD Ranganath has taken his responsibility as chief financial officer and key managerial personnel from October 12. He is responsible for strategic planning, risk management, mergers and acquisitions and corporate marketing. The executive vice president and head of strategic operations, Ranganath has held several leadership positions during tenure of nearly 15 years with Infosys.

In earlier roles at the company, he was the chief risk officer for over five years, implementing the Enterprise Risk Management Programme and leading cost optimisation initiatives as senior vice president in the chairman’s office...Read more