Roy’s resignation comes at a time when Infosys as well as its other tier-I IT services peers are witnessing increasing top-level exits.
The country’s second largest software services exporter, Infosys on Monday appointed Jayesh Sanghrajka, a company veteran of nearly two decades, as its chief financial officer, with effect from April 1. Sanghrajka will succeed Nilanjan Roy, who has decided to step down to pursue his personal aspirations.
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Roy’s resignation comes at a time when Infosys as well as its other tier-I IT services peers are witnessing increasing top-level exits. Earlier former presidents Ravi Kumar S and Mohit Joshi had resigned from the company.
Sanghrajka, who comes with a work experience of 25 years, has worked at Infosys for 18 years – first between 2000-07 and currently since December 2012. He was appointed the deputy chief financial officer in October 2015 and is responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax. He also oversees mergers and acquisitions portfolio of the company.
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“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,” said CEO and MD Salil Parekh.
Roy will continue in his position till March 31, the company said in an exchange filing. He was appointed as CFO in 2018. During his time, Infosys shares have jumped about 44% till date from the start of 2018.
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Before joining Infosys, he served as the global chief financial officer of telecom major Bharti Airtel, managing the financial operations for India and Africa. He has also worked with the Unilever in their operations across India, Europe, and US.
