A CFO with a diverse background

| | Updated on: Oct 12, 2015
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In August 2013, NR Narayana Murthy, Infosys founder in his second stint constituted a ‘dream team’, hand picked key company executives from diverse backgrounds who had exposure to various business segments, thereby going beyond conventionally logic that only IT professionals knew the business best.

Ranganath D Mavinakere, the newly appointed CFO of Infosys, was one of them. Mavinakere, the company’s Chief Risk Officer since 2008, was then asked to lead the cost optimisation initiative. From January 2008 to July 2013, he worked with the Board’s Risk Management and Audit Committee to enable the Board’s overview of risk management and governance, he has come a long way.

He follows the path in a company which has had a history of CFOs who have led the way when it comes to strategic direction. V Balakrishnan and T V Mohandas Pai, former CFOs, were instrumental in seeing to it that Infosys continued to set high benchmarks, when it comes to financial reporting as well as strategy, company watchers said.

Ranga, as he is fondly called is an Associate Member of CPA, Australia and also has had stints with ICICI Ltd, where he was Senior Vice-President of Treasury and Planning where he worked from 1991-1999, according to his company profile. He has a post-graduate diploma in management (PGDM) from the Indian Institute of Management, Ahmedabad, and a master's degree in technology from the Indian Institute of Technology, Madras.

Published on January 22, 2018

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