Bengaluru: Global software major Infosys on Thursday, December 20, said telecom Bharti Airtel’s former executive Nilanjan Roy would be its new Chief Financial Officer (CFO) from March 1, 2019.
“The Board of Directors has appointed Nilanjan Roy as CFO of the company, effective March 1, 2019,” said the city-based IT behemoth in a statement here.
Interim CFO Jayesh Sanghrajka will resume his responsibilities as Deputy CFO after 52-year-old Roy joins on March 1.
Sanghrajka, vice-president, was appointed to the executive post on November 15 following the resignation of former CFO M.D. Ranganath.
“Roy comes to us with rich global experience. We express our appreciation to Sanghrajka for taking charge as interim CFO and thank him for ably executing the responsibility,” said Chief Executive Salil Parkeh in the statement.
Roy, who has been with Airtel for 13 years, joins the IT major after being its global CFO. Prior to Airtel, he worked with global FMCG manor Unilever across its global operations for 15 years.
Roy is a Chartered Accountant (CA) and a commerce graduate from the University of Delhi.
Roy will be the fifth CFO of the $11-billion Infosys after Ranganath, Rajiv Bansal, V. Balakrishnan and T.V. Mohandas Pai since 2011.
The company, however, did not disclose the compensation package, including stock options to Roy.