Infosys BPO CFO sacked for ‘failing to comply with the company’s code of conduct’

By: | Updated: November 19, 2014 8:19 AM

Infosys BPO, a subsidiary of India’s second largest IT services exporter Infosys, on Tuesday appointed Anup Uppadhayay as CEO...

Infosys BPO, a subsidiary of India’s second largest IT services exporter Infosys, on Tuesday appointed Anup Uppadhayay as CEO and MD, while Deepak Bhalla was named chief financial officer, reports fe Bureau in Bengaluru. In a filing to the BSE, Infosys said incumbent CFO Abraham Mathews’ service was terminated after he failed to comply with the company’s code of conduct. While Infosys did not officially divulge details, it is learnt that the breach had a financial angle to it.

Gautam Thakkar, the present CEO, too has resigned, with effect from November 30, taking responsibility on moral grounds.

Uppadhayay, who joined Infosys in 1993, has held key portfolios in Infosys, the latest being senior vice-president and global head of delivery for financial services. Bhalla was the associate vice-president and head of corporate accounting group.

Commenting on the changes, Infosys CEO and MD Vishal Sikka said: “BPO is of fundamental and strategic importance to our company.Our endeavour is to transform BPO with process innovation, automation and artificial intelligence to deliver exceptional efficiency and business value to our clients. I am confident that under the leadership of Anup and Deepak, our BPO practice will become an exemplar on how business processes should be run.”

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