“The departure of M. D. Ranganath, CFO, Infosys, is an irreplaceable loss for Infosys. He is everything the idea of Infosys has always stood for. His departure is an irreplaceable loss for Infosys at this critical juncture. I wish him the best in his future endeavours,” said Infosys founder Narayana Murthy, while reacting to Ranganath’s resignation.

“I have worked with Ranga for over 15 years. He is clearly one of the best chief finance officers (CFOs) in the country. His ability to take tough decisions in challenging situations, his solid financial expertise, strong value system, unfailing courtesy and flawless execution have always distinguished him as an exemplary leader and a key asset for the company,” said Murthy.

Murthy further said: “He has been instrumental in raising investor confidence in the company during the last five years by managing costs and margins. He is a rare individual who understands all the important stakeholders - clients, delivery teams, employee aspirations, finance, investors, governance, the law, and the role of an ethical business in building a better society.”

comment COMMENT NOW