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Infosys CFO: Leadership crisis deepens at Infosys, CFO Nilanjan Roy


Leadership crisis has deepened at Indian IT giant Infosys as its chief financial officer (CFO) Nilanjan Roy has resigned from his position, adding to the series of senior level exits at the company.

Roy’s last day will be effective from March 31, 2024, Infosys said in a regulatory filing.

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Jayesh Sanghrajka, currently executive vice president and deputy chief financial officer will take charge as the new CFO effective from April 1, 2024, the filing added.

The shocking development comes as Roy, who after serving in this role since 2018, has decided to step down to pursue his “personal aspirations out of Infosys”.

While it is not clear about Roy next move, Infosys continues to be plagued by the exodus of senior executives including to rivals.

Early this year, Mohit Joshi and Ravi Kumar S, both presidents at Infosys, were hired by peers Tech Mahindra and Cognizant, as their respective CEOs.

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Sanghrajka has over 25 years of experience across several finance functions and worked at Infosys for 18 years in two stints. He first joined the software services exporter between 2000-07 and currently since December 2012.In October 2015, Sanghrajka was appointed as the deputy CFO for the Infosys Group and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax.

A chartered accountant and a cost accountant, Jayesh also oversees the mergers and acquisitions portfolio.

“I am delighted to announce that Jayesh will take over as chief financial officer. As deputy CFO, he has been leading multiple portfolios in the finance function for several years now and his depth of experience and knowledge will serve us well to take the function to greater heights. I would also like to express my deep appreciation for Nilanjan for ably leading the function over the last five years and wish him the very best for his future endeavors,” Salil Parekh, CEO & MD, Infosys said.

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