L&T Infotech CEO and Managing Director Sanjay Jalona Steps Down




Larsen and Toubro Infotech said on Saturday that its CEO and managing director, Sanjay Jalona, ​​had stepped down.

Jalona had resigned on May 6 after announcing the merger of Mindtree with Larsen and Toubro Infotech (LTI), citing personal reasons.

“Sanjay Jalona has stepped down as Chief Executive Officer and Managing Director of the Company effective the close of business hours on June 3, 2022,” LTI said in a regulatory filing.

The company has yet to announce Jalona’s successor.

He joined LTI from Infosys where he held various positions for over 15 years.

After filing her papers, Jalona in a blog post said her tenure at LTI may not have been the longest of her career, but it was certainly one of the most memorable.

“I’ve really enjoyed being behind the wheel as the company has grown from about $800 million to $1 billion to $2 billion. Along the way, we’ve created a unique position to ourselves and also of considerable value to all stakeholders.

“Today, LTI is well positioned for continued success and LTItes are confident to rival anyone in the industry,” Jalona said.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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