Infosys Appoints Nilanjan Roy as CFO

PR76864

BENGALURU, India, December 20, 2018 /PRNewswire=KYODO JBN/ --

    Infosys [http://www.infosys.com] (NYSE: INFY), a global leader in

next-generation digital services and consulting, today announced that its Board

of Directors has appointed Nilanjan Roy as Chief Financial Officer (CFO) of the

Company, effective March 1, 2019.

    (Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg)

    Commenting on the appointment, Salil Parekh, CEO & MD, Infosys, said, "We

are delighted to announce that Nilanjan will join Infosys as our CFO. He comes

to us with extensive and rich global experience. We would like to express our

deep appreciation to Jayesh Sanghrajka for taking charge as interim CFO and

thank him for ably executing this very important responsibility."

    Nilanjan Roy joins Infosys from Bharti Airtel where he holds the position

of Global Chief Financial Officer. Nilanjan has spent the last 13 years with

Bharti Airtel, prior to which he worked for 15 years with Unilever across their

global operations. He is a Bachelor of Commerce (Hons.) from the University of

Delhi and is a Chartered Accountant.

    Jayesh Sanghrajka will resume his responsibilities as Deputy CFO, effective

March 1, 2019.

    About Infosys

    Infosys is a global leader in next-generation digital services and

consulting. We enable clients in 45 countries to navigate their digital

transformation. With over three decades of experience in managing the systems

and workings of global enterprises, we expertly steer our clients through their

digital journey. We do it by enabling the enterprise with an AI-powered core

that helps prioritize the execution of change. We also empower the business

with agile digital at scale to deliver unprecedented levels of performance and

customer delight. Our always-on learning agenda drives their continuous

improvement through building and transferring digital skills, expertise, and

ideas from our innovation ecosystem.

    Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your

enterprise navigate your next.

    Safe Harbor

    Certain statements in this press release concerning our future growth

prospects are forward-looking statements regarding our future business

expectations intended to qualify for the 'safe harbor' under the Private

Securities Litigation Reform Act of 1995, which involve a number of risks and

uncertainties that could cause actual results to differ materially from those

in such forward-looking statements. The risks and uncertainties relating to

these statements include, but are not limited to, risks and uncertainties

regarding fluctuations in earnings, fluctuations in foreign exchange rates, our

ability to manage growth, intense competition in IT services including those

factors which may affect our cost advantage, wage increases in India, our

ability to attract and retain highly skilled professionals, time and cost

overruns on fixed-price, fixed-time frame contracts, client concentration,

restrictions on immigration, industry segment concentration, our ability to

manage our international operations, reduced demand for technology in our key

focus areas, disruptions in telecommunication networks or system failures, our

ability to successfully complete and integrate potential acquisitions,

liability for damages on our service contracts, the success of the companies in

which Infosys has made strategic investments, withdrawal or expiration of

governmental fiscal incentives, political instability and regional conflicts,

legal restrictions on raising capital or acquiring companies outside India, and

unauthorized use of our intellectual property and general economic conditions

affecting our industry. Additional risks that could affect our future operating

results are more fully described in our United States Securities and Exchange

Commission filings including our Annual Report on Form 20-F for the fiscal year

ended March 31, 2018. These filings are available at http://www.sec.gov

[https://www.infosys.com/links/redirectlink.aspx?id=sec-gov.aspx]. Infosys may,

from time to time, make additional written and oral forward-looking statements,

including statements contained in the company's filings with the Securities and

Exchange Commission and our reports to shareholders. In addition, please note

that any forward-looking statements contained herein are based on assumptions

that we believe to be reasonable as of the date of this press release. The

company does not undertake to update any forward-looking statements that may be

made from time to time by or on behalf of the company unless it is required by

law.

    Source: Infosys