Ranganath Dwarakanath Mavinakere takes over as the new Chief Financial Officer (CFO) of the IT major Infosys on Monday following the resignation of Rajiv Bansal, who held the post for close to three years.
Infosys CEO Vishal Sikka talking about Infosys new CFO said, "Over the course of the last 16 months, I have come to know Ranga as a passionate leader and a balanced leader with tremendous ability, knowledge and integrity. We welcome him as our CFO."
Here is all you need to know about MD Ranganath, a veteran in the industry:
- Ranganath has been with the Infosys for the past 15 years now.
- His last role at Infosys, before the appointment as the CFO, was that of the Executive Vice President and Head of Strategic Operations, wherein he was responsible for strategic planning, risk management, mergers and acquisitions and corporate marketing.
- Earlier, he served Infosys as the Chief Risk Officer for over five years, implementing the Enterprise Risk Management Programme. He also led the cost optimisation initiatives as Senior Vice President. He has been the head of Domain Competency Group where he worked with the company's global financial services clients.
- In 2013, Ranganath was appointed as a member to Infosys executive council.
- He is a member of Certified Practising Accountants (CPA), a major professional accounting body in Australia.
- Ranganath is a post graduate (PGDM) from the IIM, Ahmedabad and holds a master's degree in technology from the Indian Institute of Technology, Madras.
- Prior to joining Infosys, Ranganath worked with ICICI Limited from 1991 to 1999 as the senior vice president of Treasury and Planning.
(Source: Reuters) 
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