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Wipro appoints Aparna Iyer as new CFO as Jatin Dalal resigns

Livemint

Livemint · 1y ago

Wipro appoints Aparna Iyer as new CFO as Jatin Dalal resigns

Wipro has named Aparna C Iyer as its new Chief Financial Officer (CFO), effective immediately. Aparna, who has been with the company for over 20 years, will report to CEO Thierry Delaporte and join the Wipro Executive Board. She replaces Jatin Pravinchandra Dalal, who is stepping down after serving the company for more than two decades. Aparna, an accomplished and results-driven leader, has played various leadership roles within Wipro in the finance domain. Dalal will leave the company on November 30.

Related News

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Livemint

Livemint · 1y ago

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Cognizant Technology Solutions has named Jatin Dalal, former CFO of Wipro, as its new CFO. Dalal will assume the role in December, succeeding current CFO Jan Siegmund. This move comes as part of several high-profile executive changes in the Indian tech industry. Dalal brings over two decades of experience from Wipro, where he served as president and CFO. Cognizant CEO Ravi Kumar S expressed confidence in Dalal's ability to drive revenue growth for the company.

Cognizant pays $505,087 to settle non-complete Wipro lawsuit against CFO Jatin Dalal | Mint

Livemint

Livemint · 1y ago

Cognizant pays $505,087 to settle non-complete Wipro lawsuit against CFO Jatin Dalal | Mint

Cognizant Technology Solutions Corporation has settled a lawsuit filed by Wipro Ltd against their ex-CFO Jatin Dalal.

Wipro sues former CFO Jatin Dalal

Livemint

Livemint · 1y ago

Wipro sues former CFO Jatin Dalal

IT major Wipro has taken legal action against its former CFO, Jatin Dalal, while Dalal has filed for arbitration. The exact reasons for the lawsuit are unknown, but the court will decide on January 3 whether the matter should proceed to arbitration. Dalal recently resigned from Wipro and is now serving as Cognizant's CFO. Additionally, Wipro has lodged a complaint against its former SVP and accused him of violating non-compete covenants by joining Cognizant.

Jatin Dalal likely to be new Cognizant CFO

Livemint

Livemint · 1y ago

Jatin Dalal likely to be new Cognizant CFO

Jatin Dalal, the former chief financial officer (CFO) of Wipro, is expected to join Cognizant Technology Solutions Corp. as their new CFO. Dalal, an old hand at Wipro, joins Cognizant during a period of struggle for the company, which has been trying to keep pace with its peers. His move to Cognizant could be seen as a step-up, as it is a larger firm compared to Wipro. The role of a CFO has become increasingly important in technology services companies, extending beyond financial oversight to include managing operations and playing a key role in major deals.

Wipro challenged former CFO Dalal's arbitration request

Livemint

Livemint · 1y ago

Wipro challenged former CFO Dalal's arbitration request

Wipro has opposed its former CFO Jatin Dalal's request for arbitration regarding an alleged non-compete clause violation. The company argued that the arbitration clause in their agreement was flawed, but the court ruled that the case should be settled through arbitration, as per the agreement. The dispute arose when Dalal resigned from Wipro and joined Cognizant, leading to Wipro seeking damages of ₹25.1 crore. The specifics of the arbitration proceedings are yet to be disclosed.

Unacademy Appoints Pratik Dalal As CFO For Offline Vertical

Startup News FYI

Startup News FYI · 1y ago

Unacademy Appoints Pratik Dalal As CFO For Offline Vertical

Unacademy has appointed Pratik Dalal as the CFO of its offline business, Unacademy Centres. Dalal previously served as the head of finance at fintech unicorn CRED and has worked with companies like Flipkart and Ola Cabs. This announcement follows the resignation of Unacademy's previous CFO, Subramanian Ramachandran. Despite a series of key executive departures, Unacademy has managed to reduce its cash burn and saw an increase in operating revenue in the past fiscal year.

Wipro aims to smoke peace pipe with former top executives

Livemint

Livemint · 1y ago

Wipro aims to smoke peace pipe with former top executives

Indian IT services company Wipro is attempting to settle lawsuits it filed against two former senior executives, Jatin Dalal and Mohd Ehteshamul Haque, who joined rival firm Cognizant Technology Solutions. The company had sued them for breach of employment contracts. The move comes after Srinivas Pallia took over as CEO of Wipro. Pallia's approach is seen as different from his predecessor, with a focus on preserving relationships with former employees. Wipro is now working to close the lawsuits and settle the disputes with the former executives. Analysts believe Pallia faces a challenging task in turning around Wipro's performance.

Unacademy appoints Pratik Dalal CFO of its offline centres business

Economic Times

Economic Times · 1y ago

Unacademy appoints Pratik Dalal CFO of its offline centres business

Unacademy, the online learning platform, has hired Pratik Dalal as the Chief Financial Officer (CFO) of its offline centres business. Dalal, a former executive at Tata Motors, will be responsible for the financial operations and strategy of Unacademy's offline centres. This move comes as Unacademy continues to expand its presence in the offline education sector.

Unacademy Appoints former CRED finance head Pratik Dalal as CFO for offline vertical

Inc42 · 1y ago

Unacademy Appoints former CRED finance head Pratik Dalal as CFO for offline vertical

Bengaluru-based edtech unicorn, Unacademy, has appointed Pratik Dalal as the CFO of its offline business, Unacademy Centres. Dalal, who previously served as the head of finance at fintech unicorn CRED, brings diverse experience in corporate banking, fintech, and consumer internet. This announcement follows the resignation of Unacademy's previous CFO, Subramanian Ramachandran, three months ago. Unacademy has witnessed several executive departures in the past two years. Despite this, the startup has managed to reduce its cash burn and achieve growth in its offline business. Founded in 2015, Unacademy boasts a vast network of educators and learners and has raised over $800 million in funding.

Mpower Financing appoints Jatin Rajput as CFO

Economic Times

Economic Times · 1y ago

Mpower Financing appoints Jatin Rajput as CFO

Fintech company Mpower Financing has named Jatin Rajput as its chief financial officer. Rajput has been a member of Mpower's board since 2020 and brings extensive experience in strategy, M&A, and investments. Prior to joining Mpower, he served as CFO of B2B SaaS platform Deskera and founded Ad-In Ventures, which supports fintech companies. Rajput's appointment follows significant financing commitments from Goldman Sachs, Deutsche Bank, and Varde Partners, and he will play a vital role in scaling and developing Mpower's capital markets engine and operating platform.

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