New Update
Infosys CFO MD Ranganath resigns after 18 years
Infosys Chief Financial Officer M D Ranganath has resigned from the company here on Saturday morning after working for 18 years.
Ranganath is leaving the company to “pursue professional opportunities in new areas”, it said in a statement.
Ranganath will continue in his current position till November 16, 2018.
“After a successful career spanning 18 years in Infosys including as CFO for the last 3 crucial years, I now plan to pursue professional opportunities in new areas,” Ranganath said.
He further said: “I am proud that over the last 3 years, during a critical phase of the company, we delivered strong and consistent financial outcomes, maintained high standards of financial reporting, built a world class finance team, further strengthened the company’s competitive position and thereby enhanced value to the stakeholders.”
“Over the last 18 years Ranga has played a pivotal role in the growth and success of Infosys. During his long stint in the company, I have seen him in a wide spectrum of leadership roles,” Nandan Nilekani, Infosys board chairman, said.
-PTC News-