Sanjay Jalona is the CEO and Managing Director of Larsen & Toubro Infotech (LTI). Sanjay joined the company in 2015 and has since led a rapid and comprehensive transformation of LTI into a leading technology consulting and digital solutions company, partnering with some of the most prestigious global enterprises. Under Sanjay’s leadership, LTI has built deep digital capabilities and an enviable culture of client-centric innovation.
Sanjay guided the company through one of the sector’s most successful IPOs in a decade and a rebranding effort that positioned LTI as a leader in convergence of digital and physical world. Under Sanjay’s leadership, LTI surpassed USD 1 Billion in revenue and has built a resilient portfolio with consistent growth and profitability. Since its IPO in 2016, company’s value has risen about three times and its stellar performance has led to LTI being added to various Indian and international benchmark indices. Less than four years after being listed, LTI got included in the NIFTY Next 50 Index of National Stock Exchange in February 2020.
In addition to fast organic growth, the company also developed a strategic acquisition growth strategy to expand breadth and depth of its services. The company has completed six acquisitions under Sanjay’s leadership, including – AugmentIQ Data Sciences Pvt. Ltd., an innovative start-up offering IP-based, big data and analytics solutions, Luxembourg based Syncordis S.A., a leading core banking implementation services provider, Ruletronics, a boutique Pega consulting company, N+P, a Temenos consulting company based in Germany, Lymbyc, an AI and advanced analytics focused company, and Powerup, a fast-growing cloud consulting company.
During last three decades, Sanjay’s career has been marked with effective leadership and implementation of change strategies that accelerate growth and transform large businesses. Prior to joining LTI, he was the EVP & Global Head of High-Tech, Manufacturing and Engineering Services business at Infosys. During his 15 years at Infosys, he held several leadership positions across Banking, Financial Services, and Retail & CPG in USA, Europe and India. Prior to Infosys, he held leadership roles at Gemplus and Wipro.
For his accomplishments, he was the ‘Exemplary CEO of the year’ by Businessworld magazine in 2017. Institutional Investor magazine ranked him among the Best CEOs across listed companies in Asia in 2018 and again in 2020. Sanjay holds a degree in Engineering from BITS Pilani, India. Recognizing his achievements, BITS Pilani selected Sanjay as a recipient of the prestigious Distinguished Alumni Award in 2019.