"Rajiv Bansal, Executive Vice President and the Chief Financial Officer (CFO) of Infosys since October 2012, has informed the company of his intention to resign," Infosys said in a statement.
He will be replaced by M D Ranganath at the close ofn business October 12, 2015, it added. Bansal will continue as an advisor to the CEO and the Board through December 31, 2015 to provide a smooth transition.
"Ranganath MD has been appointed as Chief Financial Officer and Key Managerial Personnel effective October 12, 2015," Infosys said in a filing to the BSE.
Currently the Executive Vice President and Head of Strategic Operations, Ranganath has held several leadership positions during a tenure of nearly 15 years with Infosys.Presently, he is responsible for strategic planning, risk management, mergers and acquisitions and corporate marketing.

In earlier roles at the company, he was the Chief Risk Officer for over five years, implementing the Enterprise Risk Management Programme and leading cost optimisation initiatives as Senior Vice President in the Chairman’s office.



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