Mindtree Appoints Vinit Teredesai as Chief Financial Officer

Mindtree is a leading digital transformation and technology services company. In a recent development today, it has announced that it has appointed Vinit Teredesai as the Chief Financial Officer (CFO) of the company. This appointment is effective Monday, June 15, 2020.

About Vinit Teredesai

Vinit has over 25 years of experience in various fields. These include finance, accounting, auditing, taxation, fund-raising, risk management, mergers and acquisitions, and corporate restructuring. Earlier, he had served as the CFO and CIO of KPIT Technologies Ltd. Further, he is a CA, CMA (CWA) and CPA-USA. He has also completed a General Management Program from Massachusetts Institute of Technology (MIT) – Sloan School of Business focusing on strategy, innovation, and technology.

Vinit will be responsible for providing financial leadership to Mindtree in its global growth journey from Bangalore, India.

Speaking on his appointment Vinit said, “I am excited to join Mindtree and the L&T group. As we experience unprecedented times, the role of Finance becomes more strategic. I look forward to working with Mindtree Minds to contribute to the Company’s success in the journey ahead.”

Vinit Teredesai CFO MindTree

What did other key members of Mindtree have to say?

Debashis Chatterjee is the Chief Executive Officer and Managing Director at Mindtree. He said:

“We are excited to welcome Vinit to the Mindtree family. His financial acumen and broad industry experience will be a great addition to the team as we work towards maintaining business momentum and creating enhanced stakeholder value.

Today’s announcement of the appointment of Vinit Teredesai as the Chief Financial Officer further strengthens the Company’s position in the industry. The Company also has strong leadership in place to drive value for its stakeholders. The company had announced the appointment of Dayapatra Nevatia as the Chief Operating Officer in March this year. Further, Senthil Kumar will resume his responsibilities as the Finance Controller, effective June 15, 2020.

Mindtree posted positive quarterly financial results in April this year. Further, it the bagged one of the highest ever deal wins in the quarter ended March 2020. The leadership team has set its sight on ensuring long-term annuity deals while it deepens client relationships to ensure stability and build customer confidence. Further, the Company’s ongoing investment in infrastructure, collaboration platforms, and tools and training have ensured business continuity in these unprecedented times.