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MphasiS has announced the appointment of Ganesh Murthy as CFO. Ganesh Murthy takes over from Susanto Banerjee, who has been acting as interim CFO since January 2008.

Murthy has 23 years of experience working in finance across diverse industries like FMCG industry, consumer durable industry and IT industry. He has provided strategic leadership to business teams in the area of financial planning, direct and indirect taxes, cost optimization, legal and statutory compliance, travel, logistics and administrative activities.

Since 2004, Murthy has been worldwide Finance Director of Global Delivery Application Services at HP. During his tenure, Global Delivery Application Services grew from a 4,000 person organization to a 13,500 person organization. Ganesh was also a Director in the board of Hewlett-Packard Global Soft Private Limited (previously known as Digital GlobalSoft Limited).

Through his career, Murthy has worked for some of the best known brands in the business such as Wipro, Texas Instruments, Gillette, ITC and Thomson. He has experience in Indian multinationals like ITC and Wipro where he headed the Corporate Taxation function and also in foreign MNCs like Texas Instruments and Gillette where headed the finance function for India operations. Murthy is an Associate member of the Institute of Chartered Accountants of India.

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