salary of cio in india: Salary: Chief Information Officer CIO March, 2023

Wipro has named Anup Purohit as its chief information officer, reporting to chief operations officer Sanjeev Singh. He has over 25 years of experience in banking and financial services, including service delivery, portfolio and program management, risk and controls, and information security. Ekhlaque Bari, former EVP and chief technology officer at Fullerton India, has joined Jubilant FoodWorks as chief information officer.

A new feature that allowed users a unified family portfolio was introduced by the business in 2022. It allowed users to add up to 10 family portfolios and provided them with learnings on sector specified risks, capital budgeting, and other topics. Zerodha, a bootstrapped business founded in 2010, was estimated at $2 billion in 2022; check the whopping monthly salary of CEO Nithin Kamath here. That’s a piece of information that everyone wants to know about everybody else—and isn’t eager to share themselves. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses.

The national average salary for a Chief Information Officer is ₹12,00,000 in India. Filter by location to see Chief Information Officer salaries in your area. Salary estimates are based on 973 salaries submitted anonymously to Glassdoor by Chief Information Officer employees. ManpowerGroup is a worldwide staffing agency, and Ram Chandrashekar oversees its IT functions from Singapore, where he also serves as President of the company’s Asia Pacific Middle East region.

Sunil Bharti Mittal has also received the prestigious Padma Bhushan award, which is the 3rd highest civilian honour in India. His salary was registered at Rs 15.39 crore in FY22, which dropped nearly by 5% from what it was in the previous fiscal. Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors. Wagh has over 20 years of experience in managing technology for investment banking, equity trading, asset management, wealth management, retail trading, and fixed income businesses. Piramal Enterprises’ retail finance division has appointed former Medlife CTO Saurabh Mittal as its new chief technology officer.

How much money does a person working in Information Technology make in India?

In 2022, Goyal received shares worth Rs 387 crore as ESOP in 2022. He donated his ESOP proceeds worth Rs 700 crore to Zomato foundation that works for the benefits of the company’s delivery partners. Coming to Apple CEO Tim Cook, he was receiving a salary package of USD 99.4 million in 2022. This included a base salary of USD 3 million and around USD 83 million in the form of bonus and stocks. However, in a filing with the SEC, Apple said that Tim Cook’s salary is being revised and the new compensation will be USD 49 million in total going forward.

He hashttps://1investing.in/ payment technology firm FSSas its head of technology. She was most recently vice president of technology at Spectra, leading all aspects of IT including cloud infrastructure, application development and information security. At Unilever Jain was responsible for developing and delivering the digital logistics strategy.

What is the highest pay for Chief Information Officer (CIO)s?

He took on the CTO role at T-Mobile in 2010, and has helped transform its wireless network quality from an embarrassment to a selling point. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. “We are unable to provide details of Scott’s departure,” his employers said cryptically, but two years later they’re still sending him enough deferred compensation for him to make it onto this list. With a PhD-level research team in house, SalaryExpert, provides up-to-date salary and compensation data.

Vakrangee, a Mumbai-based provider of banking and e-governance services, has appointed Prashanth Thakur as senior vice president and head of technology and digital. At Vakrangee, he will be responsible for managing the technology stack, automation, tech operations and digitization of key businesses in the organization. Robert Carter has been with FedEx since 1993, and he sets the technology direction of the shipping giant’s applications, networks and data centers. He’s not as far up the list as he was last year, but his sizable performance bonus kept him in the mix.

His main responsibility will be to build a robust digital backbone to innovate and accelerate business growth across all channels. Prior to Tata Starbucks, Menon worked with companies including Trent Hypermarket and Cybage Software. Consumer electronics maker boAt has appointed Shashwat Singh as its chief information officer, reporting directly to CEO Vivek Gambhir. Aan S Chauhan has been named CTO of Mindtree just a couple of weeks after Mindtree acquired another company of which he was CTO, L&T subsidiary NxT Digital Business. He has more than 26 years’ experience in IT, including 14 years at Cognizant where he was also CTO. Saxena has over two decades of experience, including leadership of data analytics, project management, and product management.

• Delaporte has been appointed as the CEO and MD of the company in July 2020 and has been sincerely serving the role since then.
• Manufacturing and supply chain platform PDS has appointed of Saurabh Saxena as group chief information officer.
• She was most recently vice president of technology at Spectra, leading all aspects of IT including cloud infrastructure, application development and information security.
• He will lead technology initiatives for the Poonawalla group in its quest to build a world-class digital technology-based platform for financial services.

Naveen Jindal Salary | Top CEO salary in IndiaAn industrial and MP in the 14th and 15th Lok Sabha, Naveen Jinda is the Chairman of the Jindal group. Naveen is active in shooting, having captained the Indian Shooting Team to a silver medal in the South Asian Federation Games, 2004. He has taken Jindal Steel and Power Limited to new heights, with many power plants being set up under his leadership. Pawan Munjal – CEO, Hero Motocorp | | Top CEO salary in IndiaThe CEO of Hero Motocorp, the alumnus NIT, Kurukshetra alumnus has been ranked among the ‘40 most powerful Indians of 2017’ according to India Today. Pawan has been instrumental in transforming Hero Honda into Hero Motocorp, as we know it today.

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E-commerce company Snapdeal has appointed Girish Koppad as vice president and head of technology. Based in Gurgaon, Koppad will be reporting to Kunal Bahl, co-founder and CEO. At Snapdeal, Koppad will lead technology engineering and will spearhead development and services for technology infrastructure and data centres. Rahul Bhardwaj has re-joined Fullerton India Credit Co., this time as chief information officer and head of operations and customer service. Based in Mumbai, Bhardwaj will report to chief operating officer Pavan Kaushal.

“He’s also an angel investor and has invested in over 500 startups. His angel investments will also be giving him income as when he exits from investments,” shared another netizen. Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

The national average annual increment for all professions combined is 9% granted to employees every 16 months. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Salaries of government officials in India

Former Group CTO at JM Financial, Chaitanya Wagh has joined Canadian multinational banking and financial services company Scotiabank as Chief Technology Officer . He played a key role in IT business process design and solution identification. Malhotra was also responsible for ensuring compliance and defining IT security and operating policies. Mittal has been tasked with leading technology strategy at Piramal Retail Finance, creating a cutting-edge cloud-native tech-stack and building the AI technology to power the lending business. He will also run the team responsible for developing and managing technology for the company’s customer- and partner-facing business platforms.

The first Non-Parsi to head the TATA group, he’s credited for making TCS reach a market capitalization of more than $70 billion. The company has also achieved the distinction of becoming the largest private-sector employer in India under his guidance. Chandrasekaran is an avid marathon runner, having competed in marathons across the globe. The last salary that Natarajan Chandrasekaran drew is Rs 58 crore in FY20. Thierry Delaporte – CEO ad MD of WiproThierry Delaporte is the CEO and MD of Wipro Ltd. The Bangalore-headquartered Indian multinational conglomerate stands as one of the top IT firms in India today.

Parab was a former CIO100 India winner and holds a doctorate in management. His appointment further reinforces PDS’ commitment to its digital pillar and a future-ready platform, the company said. When not writing you’ll find her learning French, taking a long walk with her dog, or Netflixing. RazorpayX Payroll is an all-in-one payroll software that automatically bifurcates CTC into basic, HRA, special allowance etc. The tax due on the salary is calculated based on the slab rates applicable.

What is the Pay by Experience Level for Chief Information Security Officers?

Vivek is also a Non-Executive Independent Director of Philips India Ltd, a post he has held since 28 March, 2014. Vivek Gambhir’s salary was more than Rs 20 crore in FY19, making him the highest paid FMCG executive that year. Information Technology professionals in India are likely to observe a salary increase of approximately 10% every 15 months.

In fact, this year, in light of the COVID-19 crisis, he didn’t draw a salary of cio in india at all. And still, since January, the Indian billionaire has jumped several spots in Bloomberg’s Billionaire Index. Nita Ambani, who’s among RIL’s non-executive directors got ₹1.15 crore as commission, besides sitting fees, the Business Standard report suggested.

Frequently asked questions about a Chief Information Officer (CIO) salaries

Martin Lippert is a longtime tech exec in the financial services industry, with stints at Freddie Mac, Mellon Bank, Royal Bank of Canada, and Citigroup before his current job at MetLife. At RBC, he helped launch one of the first internet-based cash management services. At MetLife, his role spans both customer-facing tech and internal operations and security, and he’s in charge of planning digital strategy as well.