NIIT Limited announced that at its board meeting held on May 24, 2023, the board approved the appointment of Mr. Sanjeev Bansal, as Chief Financial Officer of the company with effect from May 24, 2023. Mr. Sanjay Mal, the erstwhile chief financial officer has been transferred to the transferee company as part of CLG Business Undertaking and has been appointed as CFO of Tranferee company with effect from May 24, 2023. Accordingly, he ceases to be the CFO of the company with effect from May 24, 2023.

Sanjeev Bansal has been associated with NIIT since 2005, during this period he has played a key role in providing strategic direction to the Finance function. Sanjeev joined NIIT as Senior Manager (Accounts) and steadily advanced to his current position. His areas of expertise encompass finance strategy, financial reporting, governance, business modeling, structuring/restructuring, merger and demerger, process design/implementation/automation, global accounting operations, financial planning/analysis and implementation of major regulatory reforms. Sanjeev has cultivated diverse exposure and strong relationships with multiple professional entities, accounting/tax advisory firms, as well as regulatory bodies.

Sanjeev has been recognized with several prestigious awards, including the esteemed "NGLP" and "Trailblazers" series of awards, which acknowledge his exceptional contributions in driving quality, speed and innovation within the organization. Sanjeev has over two decades of experience at the helm of financial services at various enterprises. Before joining NIIT, Sanjeev gained valuable experience working with prominent companies such as Electrolux, Radico Khaitan and JK Group, where he was responsible for planning, reporting, governance, risk management, accounting and inorganic growth initiatives.

Sanjeev is qualified as a Chartered Accountant from the Institute of Chartered Accountants of India.