In his new role, based in Bangalore, he will focus on reimagining enterprise-wide business processes and technologies to transform Microland into an agile organization. With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. The increased demand for experienced IT leaders has made the space extremely dynamic. CIO India is here with a regularly updated list of the latest CIO movements across the country. 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.

  • Based in Bangalore, he will report to Hizmy Hassen, chief digital officer.
  • Realty, relocation, and cash management specialist Writer Corp. has appointed Ajay Bharwani as group CIO and head of digital transformation, to lead the modernisation of IT systems used by the company’s 10,000 employees.
  • An entry level cio (1-3 years of experience) earns an average salary of ₹45,62,508.
  • He has also held leadership positions at Barclays Bank, Kotak Mahindra Bank, Aviva, DCB Bank, IDBI Bank, and Standard Chartered Bank.

The bottom line is, that the more experience one has, the better the chances of bagging the role of Chief Information Officer (CIO). While aspiring CIOs need at least a bachelor’s degree, employers prefer MBA degrees if the candidate has lesser years of experience. The hefty compensation package earned by CIOs is very lucrative, to say the least.

What is the Pay by Experience Level for Chief Information Officer (CIO)s?

This senior executive has to formulate and implement IT strategies and streamline and manage systems to achieve the goals of the concerned business entity. This IT professional needs to possess in-depth knowledge of technological developments, digital advancements, and business operations. Being in an authoritative position, a chief information officer is endowed with the responsibility of conveying information about all IT developments and solutions across every department. Formerly VP of product development at Blue Yonder, Vivek Viswanathan has joined fintech company PayNearby as chief technology officer.

Apart from their regular salary, they are entitled to bonuses and even profit shares in some cases.

He has over 20 years’ experience in the technology and software space across fintech and supply chain domains. He was responsible for digital supply chain and omnichannel commerce fulfilment at Blue Yonder. He also co-founded social media startup Stillwater in 2016, prior to which he was the VP of engineering at Ezetap. At Reliance Entertainment, he designed the first private cloud Infrastructure-as-a-service model and hybrid cloud, driving the digital business profitability. He brings in 20 years of experience across sectors including media, broadcasting, data centre, telecom, BFSI, and retail. Over the years, Wagh accrued expertise in aligning his organization’s technology roadmap with business strategies and played key leadership roles in solution planning and project management.

  • Khona has more 17 years of experience across retail, telecommunications, and banking.
  • Sayed Peerzade, former group CIO at Reliance Entertainment, has joined Yotta Infrastructure as its executive vice president and chief cloud officer.
  • provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent.
  • Menon will also be responsible for creating an agile ecosystem to support innovation and implement new age technologies to accelerate the growth across all channels.
  • He will also work closely with the company’s product, data, and analytics teams to harness the power of technologies like AI and ML.

An updated list of information technology executives moving to new chief information officer roles at organisations in India. CIOs or Chief Investment Officers are the executive professionals who oversee the technology operations of the company and develop the best technology game plan for business growth. So to summerize, Early Career earns 92% less than the average salary, Mid Carrer earns 42% less than the average salary, Late Career earns 1% less than the average salary, Experienced earns 17% more than the average salary. This combination of a line and the bar graph shows how the experience affects the salary of Chief Information Officer (CIO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee.

The average Chief Information Technology Officer salary in India is ₹9,038,257 as of March 18, 2021, but the range typically falls between ₹5,700,429 and ₹13,436,273. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, helps you to determine your exact pay target. He joined online pharmacy and medical diagnostics major Medlife in 2015 as its chief product officer and quit four years later as its chief technology officer.

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. Dhanda has over 20 years’ experience in IT operations and digital transformation.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. In his previous role, Wagh was the group CTO of JM Financial, where he worked for over 12 years. He then moved to JP Morgan Stanley Securities, following which he served as director of information technology at UBS Securities.

FAQs About Chief Information Officer (CIO)s

Sanjay Verma has joined Akums India as group CIO, reporting to managing director Sandeep Jain. Rahul Khona has been appointed head of information technology at Nexus Malls, the operator of 16 malls with almost 10 million square feet of retail space across India. Based in Mumbai, Dhanda will oversee IT and digital functions for the company. Web Werks operates Tier-III data centres, in Mumbai, Pune and Delhi, with plans to open others in Bengaluru, Hyderabad and Chennai. Parab was a former CIO100 India winner and holds a doctorate in management. Exceptional communication, strategic thinking, adaptability, emotional intelligence, and an executive presence are some of the soft skills that employers like to see in an ideal candidate. provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent. Our data covers more than 25,000 unique job titles over 8,000 organizations. Malhotra has extensive experience in the broadcast media industry, having worked at firms like Network 18, Star TV, CNBC-TV18. As part of its digital drive, the Indian telecom giant has been striving to develop a broad array of digital services and platforms. Prior to that, he was with companies including Trent Hypermarket, Reliance Retail, Johnson & Johnson, and Nilkamal.

Edelweiss General Insurance appoints Madhu Malhotra as CTO

In his new role, Pujari will steer development of the company’s technology capabilities in India, including expansion of cloud solutions, platform integration, capability and capacity building, and streamlining partners. Saxena has over two decades of experience, including leadership of data analytics, project management, and product management. Sharma joined Microland in 2018 as the vice president of digital applications.

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The annual salary range of this senior IT executive is somewhere between INR 22 lakh to INR 102 lakh. The estimated take-home salary of an IT director is INR 2.92 lakh to INR 3.03 lakh per month. In his new role, Menon will be responsible for strengthening the digital operations at Lulu to support the company’s big expansion plan for India, focusing on customer experience and supply chain productivity. Menon will also be responsible for creating an agile ecosystem to support innovation and implement new age technologies to accelerate the growth across all channels.

Pankaj Khare joins Pine Labs as head of IT

His previous role was as the head of IT Infrastructure at Axis Finance, where he was responsible for overall planning, organizing, and execution of all IT functions. Formerly head of digital at Hindustan Coca-Cola Beverages, Annapurna Vishwanathan has joined Cummins India as CIO. Formerly CTO at jewellery retailer Tribhovandas Bhimji Zaveri (TBZ), Jaiswal has over 20 years of experience in IT. Before TBZ, he was CTO at clothing retailer Globus for almost three years, and has also previously worked at Ritz Consultant, Rediff and Indiatelevision. Based in Mumbai, he will have responsibility for IT strategy and innovation. Shiju holds a bachelor’s degree in computer science and engineering from Bangalore University and a master’s degree in information management from Mumbai University.

Web Werks India hires Kamal Goel as director of IT

He then moved to Capgemini as a consultant in 2008 before joining Hindustan Unilever in 2012. A former CIO100 India winner, Bari has also previously held leadership roles at Max Life Insurance, HT Media, and SBI Card. Gaurav is an alumnus of IIT Roorkee, with over 25 years’ experience in driving transformation across various industry domains. CIOs of large-scale multinational companies like Harvard make an average salary of $435,000 per year including bonuses and benefits. These graduates can reach this leadership position by showing their mettle in the job.

Prior to joining Apollo Tyres, he spent 13 years at Unilever, where he managed the IT infrastructure of Unilever’s largest shared support centre and enterprise and technology solutions outsourcing facility in Bangalore. Sayed Peerzade, former group CIO at Reliance Entertainment, has joined Yotta Infrastructure as its executive vice president and chief cloud officer. He is expected to strengthen the company’s cloud solution portfolio, deliver an enhanced cloud experience for customers, and develop industry-specific solutions available on IaaS, PaaS, and SaaS models. Previously, Verma was CIO at Somany Ceramic, and he has also held leadership positions at JK Lakshmi Cement. In his 20 years’ experience in IT, Verma has led work on security, risk compliance, IoT, RPA, cloud, and business continuity planning.