HCL Infosystems, a leading information technology and services company, announced a significant change in its leadership as Alok Sahu is appointed as the new Chief Financial Officer (CFO). This move comes as Kapil Kapur, the previous CFO, steps down from his position.
According to a regulatory filing made by HCL Infosystems on Wednesday, Kapil Kapur has tendered his resignation from the company. The resignation is set to take effect from the closing hours of May 31, 2021. Kapur cited the desire to pursue other professional opportunities and interests as the reason behind his decision to step down.
In light of Kapur’s resignation, the Board of Directors at HCL Infosystems swiftly acted to fill the vacant CFO position. They have named Alok Sahu as Kapur’s successor, effective from June 1, 2021. Sahu, a seasoned finance professional, brings over 25 years of experience in spearheading financial and accounting functions to his new role at HCL Infosystems.
Alok Sahu is a chartered accountant by profession and has garnered extensive expertise in managing financial operations across various industries throughout his career. His appointment reflects HCL Infosystems’ commitment to maintaining a robust leadership team capable of driving the company’s financial growth and success.
The transition in the CFO position is expected to be smooth, given Sahu’s extensive experience and expertise in financial management. His strategic insights and leadership skills are anticipated to contribute significantly to HCL Infosystems’ financial stability and growth trajectory in the coming years.
HCL Infosystems remains optimistic about the future under the leadership of Alok Sahu as CFO. The company continues to focus on leveraging technology and innovation to deliver value to its customers and stakeholders while driving sustainable growth and profitability.
In conclusion, Alok Sahu’s appointment as CFO marks a new chapter in HCL Infosystems’ journey, signaling the company’s commitment to strong financial stewardship and operational excellence in the evolving business landscape.