Vinit Teredesai

Chief Financial Officer, Persistent Systems
Pune, Maharashtra,India
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Who Is Vinit Teredesai?

Total Experience30 years
CompanyPersistent Systems
CountryIndia

Vinit Teredesai is the Chief Financial Officer (CFO) of LTIMindtree, a global technology consulting and digital solutions company. He brings over two decades of extensive experience in finance, focusing on strategic financial planning, mergers and acquisitions, corporate restructuring, treasury management, and investor relations. In his role at LTIMindtree, Vinit is responsible for overseeing the company's global finance organization, driving financial strategy and performance, ensuring robust governance and compliance, and enhancing stakeholder value. He played a significant role in the financial integration process following the merger of Larsen & Toubro Infotech (LTI) and Mindtree. Prior to LTIMindtree, Vinit held the position of CFO and CIO at KPIT Technologies. His career also includes leadership roles at other prominent organizations like SunGard and Cognizant, where he managed diverse financial functions and contributed to their growth trajectories. He is known for his expertise in navigating complex financial landscapes and his ability to align financial initiatives with broader business objectives.

How Did Vinit Teredesai's Career Path Shape Their Journey?

Vinit Teredesai's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Persistent Systems - Chief Financial Officer(2024 to Present)
LTIMindtree - Chief Financial Officer(2022 to 2024)
Mindtree - Chief Financial Officer(2020 to 2022)
KPIT - Chief Financial Officer(2018 to 2020)
HSBC - Senior Vice President - HSDI & Global Head of Finance - GLT's(2013 to 2017)
SunGard - now part of FIS - Chief Financial Officer(2006 to 2013)
Cognizant - Manager Finance(2000 to 2006)
Bajaj Auto Ltd - Assistant Manager Corporate Finance(1996 to 2000)
ABB - Management Trainee(1995 to 1996)

What Are Vinit Teredesai's Key Achievements?

Chief Financial Officer at LTIMindtree

Appointed as the CFO of the merged entity LTIMindtree, overseeing the financial strategy, operations, and integration of a leading global IT services provider.

Led LTI-Mindtree Financial Integration

Played a pivotal role in the successful financial integration of Larsen & Toubro Infotech and Mindtree, a complex process critical to the formation and operational efficiency of LTIMindtree.

Former CFO & CIO at KPIT Technologies

Successfully managed dual responsibilities as Chief Financial Officer and Chief Information Officer at KPIT Technologies, driving financial performance and technological advancements within the organization.

Extensive Experience in M&A and Corporate Finance

Possesses a strong track record in handling mergers and acquisitions, corporate restructuring, and capital management across various multinational corporations, contributing significantly to their strategic growth.

Driving Shareholder Value

Consistently focused on enhancing shareholder value through robust financial governance, strategic capital allocation, and transparent investor communications.

What's Vinit Teredesai's Educational Background?

Advanced Certificate for Executives in Management Innovation & Technology, Digital Business Modelling, Big Data & Analytics, System Dynamics, Value Chain Management.

MIT Sloan School of Management - Year 2013

CPA, Accounting

Certified Public Accountant (CPA) - Year 2000

FCA, Finance. Accounting

The Institute of Chartered Accountants of India - Year 1991

ACMA, Costing, Accounting, Finance

Institute of Cost Accountants of India - Year 1988

Bachelor of Commerce (B.Com.), Accounting & Auditing

Savitribai Phule Pune University - Year 1988

High School

Vidya Bhavan - Year 1982

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Persistent Systems
Total employees23850
HeadquartersPune
Founded1990

Persistent Systems is a global technology services and solutions company, specializing in digital engineering, data, AI, and cloud technologies. They partner with enterprises across various industries to accelerate their digital transformation journeys, modernize core business operations, and deliver enhanced customer experiences and operational efficiencies through innovative software products and services. Their focus is on helping clients imagine, build, and run the future of their business with agility and speed.

Persistent Systems Stock Information
Persistent Systems, Inc. is listed on the National Stock Exchange of India under the ticker symbol PERSISTENT.NS. The company went public on April 1, 2010

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