IT giant Infosys saw another top-level exit. Nilanjan Roy has resigned as Chief Financial Officer, effective from March 31, 2024. Dy CFO Jayesh Sanghrajka will take over starting the new financial year on April 1, 2024.
The company has confirmed Roy’s resignation and said in an official statement that Nilanjan Roy has decided to step down “to pursue his personal aspirations outside of Infosys.”
In the resignation, Roy said, “Due to personal reasons for exploring external growth opportunities, I would like to tender my resignation from the services of the company. I will serve out my notice period. I would like to thank you and the Board for the invaluable support during my tenure and wish Infosys the very best for the years ahead.”
Commenting on the appointment of Jayesh Sanghrajka as CFO, Salil Parekh, CEO & MD, Infosys said, “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”. he added.
Since October 2022, many top-level people left the company such as Ravi Kumar, Mohit Joshi who were Presidents of their verticals at Infosys. A few other senior leaders like K Gopikrishnan, Richard Lobo, and Narasimha Rao have also resigned from the Company recently.
Jayesh has over 25 years of experience across a wide spectrum of finance functions. He has worked at Infosys for 18 years – first between 2000-07 and currently since December 2012. Jayesh was appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015 and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax.
Additionally, he also oversees the mergers and acquisitions portfolio. In 2016, he was recognized by Businessworld magazine as the ‘Most Promising Future CFO’. Jayesh is a Chartered Accountant and a Cost Accountant.
