Aparna Iyer Becomes Wipro's New Chief Financial Officer: All You Need To Know About Her

One of India’s biggest IT sector companies,?Wipro, has a new Chief Financial Officer. Wipro announced that its CFO, Jatin Dalal, has resigned from the company after a 21-year stint. Wipro, India's fourth-largest software services firm, has thus elevated insider Aparna C. Iyer as its new?CFO.

Who Is Aparna Iyer?

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Wipro's new CFO, Aparna, is a Chartered Accountant?(CA) and was a gold medalist in the CA 2002 batch. Before joining the Institute of Chartered Accountants of India (ICAI), Iyer completed a bachelor of commerce degree from Narsee Monjee, Mumbai, in 2001.

Who Will Aparna Iyer Report To?

Iyer will be the new CFO effective Friday (September 22), Wipro said in a stock exchange disclosure.?She will report to Wipro CEO Thierry Delaporte and join the Wipro executive board.

Aparna joined Wipro in 2003?and over the years has held several finance roles, including internal audit, business finance, finance planning and analysis, corporate Treasury, and investor relations (IR).

Most recently, Aparna was Senior Vice President and CFO of Wipro FullStride Cloud, leading finance operations for one of Wipro’s fastest-growing global business lines.?

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Also Read:?Wipro?To Invest $1 Billion & Train All 2.5 Lakh Employees In Al?

What Were Aparna Iyer’s Previous Roles?

Prior to taking over as CFO of Wipro FullStride Cloud, Aparna was the corporate treasurer and head of investor relations for Wipro Limited.?As a part of that role, she was responsible for building and executing a forex risk management framework, investing surplus cash, working capital management, customer credit risk evaluation, driving capital allocation decisions, managing balance sheet exposure, as well as investor and analyst relationships.?

As the Head of Treasury and IR, Aparna devised Wipro’s forex strategy, aiding the operating margin performance of the company and driving improved predictability.

Why Did Wipro’s Outgoing CFO Resign?

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Wipro's outgoing CFO Jatin Dalal's resignation is the latest in a series of top-level exits at Wipro over the past year. He will leave the company at the end of November. As per the ET report, in his resignation letter submitted on Thursday, Dalal, the company’s CFO since 2015, said he is looking to pursue his professional goals outside the organisation.

Also Read:?Wipro's?Rishad Premji Says Ignoring AI Today Is Like Ignoring?Mobile Phones In 2007

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