Infosys CFO MD Ranganath Resigns 

Exactly a year after former Infosys CEO Vishal Sikka left the company after a bruising public spat with the promoters, the company’s CFO MD Ranganath has abruptly resigned. This is the first major exit under the current CEO Salil Parikh and one that has caught everybody by surprise.

The move surprised many, because Ranganath, who had been with Infosys for 18 years, was a very visible, public face of the company as early as last month at the company’s June quarter earnings call. There had been no indications then of him wanting to quit to pursue “opportunities outside the company”.