Bala to head Infosys BPO arm, Finacle; Bansal to be new CFO

Moneycontrol Bureau

V Balakrishnan, chief financial officer, Infosys has resigned from his position and will be heading the company’s BPO arm, Finacle, with effect from November. Bala, as he is popularly known, is tipped as one of the favourites to take over from incumbent Shibulal as chief executive in 2014. Rajiv Bansal, Vice-President Finance, will be taking over as chief financial officer from November 1. Bala will continue to be on the company’s board. Also Read: Infosys Q2 net up 24% YoY; shrs sink on poor guidance