In a setback to Infosys, the company revealed that one of its most senior management people, Rajiv Bansal was quitting as the Chief Financial Officer (CFO). While he will be replaced by Ranganath MD, Rajiv Bansal revealed he was heading to what he thought were greener pastures – in terms of ‘adding value’ to a corporate.
While he was chary of revealing too much, he did reveal a little of bit of what his intentions are in a lighter mood as he sat alongside CEO Vishal Sikka, COO Pravin Rao and MD Ranganath (CFO Designate).
Bansal said his last working day at Infosys will be in December 31, 2015 – however, Ranganath MD, will take over from him today itself. Vishal Sikka said Bansal will stay till the end of year to help with the transition process.
Rajiv Bansal revealed that he was looking at a number of ‘challenging opportunities’ saying, “I am sad at having to leave Infosys which made my dream come true. I lived my dream here, but am looking to try something more challenging, more creative; go somewhere where I can add more value. I am looking forward to the next stage of my life.”
He added, “I have been with Infosys for 16 years, but life goes on.”
Needless to say, Rajiv Bansal, who said at the event in a lighthearted manner that he wished he had ‘as much money’ as the colleagues sitting next to him, refused to directly answer what his intentions were. Speculation is rife he may etablish his own startup. Joining another large IT corporate or taking a sabbatical are not on cards, according to sources.