BYJU's CFO Ajay Goel 'quits', Nitin Golani given addl responsibility as India CFO

Edtech company BYJU's CFO Ajay Goel quits after completing audit, President Finance Nitin Golani given additional responsibility as India CFO, according to sources in BYJU's. Industry veteran Pradip Kanakia was roped in as the senior advisor.

New Delhi : Educational technology company BYJU'S Chief Financial Officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a statement. The edtech major has roped in industry veteran Pradip Kanakia as the senior advisor, and President (Finance) Nitin Golani has been given additional responsibility as India Chief Finance Officer (CFO) to handle the finance function of the company.

"I thank the founders and colleagues at BYJU'S for helping me assemble the FY'22 audit in three months. I appreciate the support received during a short but impactful stint at BYJU'S," Goel said. He will transition after completing the formalities of the financial year (FY) 2022 audit, the statement said. The company is awaiting certain approvals to file its long-pending financial results for FY2022.

Pradip Kanakia, a qualified chartered accountant of India, England and Wales, has held top level positions at Price Waterhouse and KPMG previously. He is expected to bring his vast experience from his over three and half decades old experience. On the other hand, Nitin Golani had played a crucial role in the acquisition of Aakash by BYJU's. The company is expected to announce its financial results for FY22 this month.