Persistent Systems has announced the appointment of Vinit Teredesai as its new Chief Financial Officer (CFO), effective immediately. Vinit brings with him over 28 years of experience in finance and a background in crucial roles at LTIMindtree Limited, Mindtree Limited, and KPIT Technologies Limited. His rich expertise in finance, corporate restructuring, and strategic management is expected to contribute significantly to Persistent’s ambition of reaching $2 billion in revenue. The outgoing CFO, Sunil Sapre, who will retire later this year, expressed his confidence in Vinit and gratitude for the support he received during his tenure. Under its new financial leadership, Persistent aims to continue its rapid growth and maintain its commitment to stakeholder value creation and global principles of human rights, labor, environment, and anti-corruption.

Information Technology Services, Financial Services,India, United States