Infosys announces Jayesh Sanghrajka as CFO, ushering in strategic financial direction
Infosys (NYSE, BSE, NSE: INFY), a global leader in next-generation digital services and consulting, today announced a significant change in its leadership team. The Board of Directors has appointed Jayesh Sanghrajka as the new Chief Financial Officer (“CFO”) and Key Managerial Personnel of the company, effective April 1, 2024.
Infosys Welcomes a New Financial Era
Jayesh Sanghrajka, an Infosys veteran with over 18 years of experience within the company, will be stepping into the CFO role. He is currently serving as the Executive Vice President and Deputy Chief Financial Officer. This appointment marks a pivotal moment in Infosys’ journey, signaling a new era of financial strategy and leadership.
Transition of CFO Role
Jayesh will be taking over from Nilanjan Roy, who has decided to step down after a commendable tenure as CFO since 2018 to pursue personal aspirations. Nilanjan will continue in his role until March 31, 2024, ensuring a smooth transition. The Board expressed deep appreciation for Nilanjan Roy’s contributions to Infosys during his tenure.
Jayesh Sanghrajka’s Profound Experience
With over 25 years of extensive experience in finance, Jayesh Sanghrajka has been a part of Infosys for two stints, the first being between 2000-07 and currently since December 2012. In his role as Deputy CFO, he has been responsible for various finance functions, including investor relations, business finance, and corporate finance. He was recognized as the ‘Most Promising Future CFO’ by Businessworld magazine in 2016.
Salil Parekh’s Remarks on the Appointment
Salil Parekh, CEO & MD of Infosys, expressed his delight in Jayesh’s appointment, highlighting his vast experience and knowledge in finance, which will be instrumental in leading the finance function to greater heights. He also extended his appreciation to Nilanjan for his leadership over the past five years.
Infosys’ Continued Commitment to Excellence
This leadership change at Infosys underscores the company’s commitment to maintaining a strong leadership team that can drive growth and innovation. Jayesh’s appointment is expected to contribute significantly to Infosys’ continued success and growth in the global IT and consulting sector. The company looks forward to this new chapter under Jayesh Sanghrajka’s financial stewardship.