Infosys board member V Balakrishnan is likely to return to the finance function. Multiple sources told TOI that Bala, as he is known, will be named director of finance. CFO Rajiv Bansal will then report to Bala, instead of chief executive SD Shibulal.
When contacted, Infosys said: "As a policy, we do not comment on rumours and speculation." NR Narayana Murthy has been making sweeping changes since his return as the company's executive head. On Tuesday, global sales and marketing head Basab Pradhan announced his exit from the company. Bala, who was the company's CFO until October last year, has since been overseeing the India, BPO and Finacle ( banking software) businesses as a board member.
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