One of Infosys' top paid executives quits

BENGALURU: Infosys government vp and head of its $750-million healthcare and lifestyles sciences trade, Sangita Singh, has resigned from the corporate less than two years after joining the company.

Sangita, one of the most senior-most ladies running a trade in the Indian IT trade, had joined Infosys from cross-town rival Wipro the place she oversaw the healthcare and lifesciences portfolio that had then a $800 million run charge.

When TOI reached out to Infosys, its spokesperson mentioned, "We do not have any comments to offer."

Sangita could now not be reached both. Industry resources expect her to move to a multinational IT major though this may now not be independently verified.

Nitesh Banga, senior VP and world head of producing and Edge products, has also surrender the company to change into the COO of GlobalLogic reporting to its CEO Shashank Samant.

Swiss PE investor Partners Group purchased 48% stake in GlobalLogic from every other PE company Apax Partners in a deal valuing the product engineering corporate at over $2 billion. Banga can be liable for delivery, operations, ability recruitment and management, and data era. Banga’s exit from Infosys comes as a marvel, as a result of he had change into CEO Salil Parekh’s direct reportee lately.

In yet every other building, Atul Soneja has been appointed as the top of its product and platforms subsidiary EdgeVerve. Soneja is senior vp and service providing head - monetary services and products. The leadership at EdgeVerve has been facing an uphill task in monetising its trade.


It contributes just five.2% to Infosys' revenues even after a few years. In October last 12 months, its CEO Pervinder Johar had resigned less than 8 months of joining the corporate. Gururaj Deshpande, VP and delivery head – monetary services and products at Infosys, used to be appointed the COO of Edgeverve a couple of months back.


Sangita’s departure does now not come as a marvel after a string of senior exits in the nation’s second-largest IT company after its former CEO Vishal Sikka had a fallout with one of the most founders.


Other exits incorporated the ones of era head Navin Budhiraja, head of design Sanjay Rajagopalan, Ritika Suri, government vp handling large offers, Abdul Razack, senior vice-president and head – platforms, big data and analytics, and Pervinder Johar. Healthcare and lifesciences contributes 6.five% to the corporate’s overall revenues, and counts Novartis, Pfizer and Aetna amongst its customers.


One of Infosys' top paid executives quits One of Infosys' top paid executives quits Reviewed by Kailash on June 13, 2018 Rating: 5
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