IT firm Larsen & Toubro Infotech (LTI) said its chief financial officer Ashok Kumar Sonthalia has resigned from the company.
“The Board of Directors in its meeting held on January 19, 2021, inter-alia considered the resignation of Mr Ashok Kumar Sonthalia, CFO of the company, on account of personal reasons and accepted the same to be effective from close of business hours of January 25, 2021,” a regulatory filing said.
Ashok Kumar Sonthalia holds vast experience working in leadership roles in some of the big companies. Prior to LTI, Ashok was the Head – Finance & Accounts at L&T Power. Prior to that, he was CFO at Greaves Cotton Ltd., GM (Strategy Finance & Treasury) at Tata Chemicals and CFO at Tata Inc.
Larsen & Toubro Infotech had reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion.