New Delhi: HCL Infosystems Ltd on Wednesday said it has appointed S.G. Murali as the group chief financial officer (CFO).

Sandeep Kanwar, who is the current CFO, will become the chief executive of unit HCL Infotech Ltd.

“SG Murali will be responsible for developing, monitoring and evaluating overall corporate strategy of HCL Infosystems’ diverse business units with emphasis on bottom line performance and enhancing shareholder value," the company said in a statement.

Murali has close to three decades of experience across diverse Industries such as Telecommunications, Property Development & Property Management, Hospitality and Turnkey Contract Project Consulting.

Prior to joining HCL Infosystems, Murali served as executive president and chief financial officer of Tata Tele Services Ltd. The company has been going through management restructuring since last year.

Shares of HCL Infosystems rose 3.29% to 53.30 on BSE, while the exchange’s benchmark Sensex rose 1.08% to 28,260.14 points.