Chief Information Technology Officer Salary in India

cio salary in india

Other high-paying positions this year include full-stack developers, who create APIs while ensuring code integrity, and DevOps engineers, who focus on automating software development processes. The IT sector also seeks mobile app developers, RPA developers, big data engineers, and network engineers, with salaries ranging from ₹6-8 lakhs, potentially reaching ₹20-25 lakhs. Of course, everyone knows that big organizations pay their CEOs inconvenient amounts of money for their services, making the inequality topic here again.

The starting salary of Chief Information Officer (CIO) is between ₹8,77,668.00 and ₹10,32,550.00 whereas the maximum salary range is between ₹94,50,000.00 and ₹1,08,67,500.00. Anand Deodhar, Group CIO of Force Motors, gives us a technology ‘test drive’, in this episode of CIO Leadership Live. In recognition of his leadership and contributions, Sudhir Singh earned a total remuneration of INR 34 crore during the fiscal year 2023. These new initiatives not only revolutionized the existing market scenario but also envisioned Bajaj Auto as a market leader in its segment. Kalra’s strategic vision and commitment to innovation have been instrumental in delivering exceptional value to clients and shareholders, solidifying Persistent Systems’ position as a prominent player in the industry.

Chief Information Technology Officer Salary by Global Country

The latest innovative products have placed Nithin at the forefront of the financial services market, forcing a myriad of users to change their approach to investment and portfolio management in India. The corporate world often favors individuals or personalities who drive success and help organizations reach new heights. CEOs of large companies are considered smart in India, for not only the administrations they offer but also for the remunerations they earn. ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available. As shown in the trends, lowest earning is ₹3,58,446.00 whereas the highest earning is ₹52,42,280.00 which clearly shows the salary increases with the level of expertise.

  1. Becoming a Chief Information Security Officer (CISO) requires a combination of technical expertise, leadership abilities, and strategic vision.
  2. The increasing prevalence of cyberattacks, data breaches, and compliance requirements has led to a rising demand for experienced cybersecurity leaders.
  3. While both roles involve overseeing an organization’s IT and security infrastructure, a CISO focuses specifically on protecting the organization’s digital assets and managing cyber risks.
  4. The salary for CISOs in India varies based on the industry, company size, and the complexity of the security requirements.
  5. The role of a Chief Information Security Officer (CISO) in India has become increasingly crucial as organizations recognize the importance of cybersecurity in safeguarding their data and assets.

Browse Related Job Categories With Chief Information Technology Officer

cio salary in india

An alumnus of the prestigious Indian Institute of Management (IIM) Calcutta, Singh has built a distinguished career with notable tenures at Hindustan Unilever, Genpact, and Infosys before taking the helm at Coforge. His journey with the company began in 2013 when he assumed the role of Chief Executive Officer for its Aluminium business. Beyond his leadership responsibilities, Satish also chairs Hindalco’s Sustainability Board, driving the company’s commitment to sustainable practices. His vision for the future involves leveraging technology and innovation to create more efficient and sustainable resource management systems, positioning Adani as a leader in the global natural resources sector. Facilitating him is Dr. Vinay Prakash, who serves as the Director of Adani Enterprises Limited and the CEO of Natural Resources.

CISO Certification Salary: Based on Location in the UK

With increasing cyber threats, the CISO is responsible for overseeing and managing the security strategy, ensuring that information systems are safeguarded from potential risks and breaches. The salary of a Chief Information Security Officer (CISO) in the United States varies significantly depending on the city and the level of expertise. As the demand for cybersecurity professionals continues to grow, CISOs are pivotal in ensuring the protection of critical business assets, sensitive data, and organizational networks. A Chief Information Security Officer (CISO) is a senior executive responsible for overseeing and managing the information security strategy within an organization. The CISO’s primary role is to protect the company’s data, networks, and IT infrastructure from cyber threats, ensuring compliance with regulatory standards and minimizing the risk of data breaches. CISO-certified professionals are compensated highly due to the significant responsibility they bear in safeguarding an organization’s critical data, infrastructure, and digital assets.

Additionally, technical proficiency in security systems, encryption, threat detection, and vulnerability assessment significantly enhances a CISO’s earning potential. The rise in cybersecurity threats and regulatory compliance requirements is pushing companies to hire skilled CISOs to protect sensitive data and critical infrastructure. The following table provides a breakdown of the CISO salary range across various regions of Singapore, showing the variation in compensation across locations. They also lead teams of security professionals, conduct risk assessments, and respond to security incidents.

The Indian IT industry, currently in recovery, is expected to see a 15-20% growth in job opportunities across various sectors by 2025, according to a report by NLB Services. Networking with industry leaders and seeking mentorship can also provide insight into career advancement and salary negotiations. As cybersecurity becomes a critical component of business operations, organizations must comply with a growing number of regulations and industry standards.

Gain Experience in Information Security

  1. In Singapore, the demand for Chief Information Security Officers (CISOs) is high, driven by the country’s role as a global financial hub and its thriving technology sector.
  2. Their role extends to managing teams, collaborating with senior executives, and advising on security practices.
  3. Additional certifications such as CISSP, CISM, or CISA further enhance a candidate’s qualifications, demonstrating expertise in managing cybersecurity and risk management.
  4. And finally, once the Chief Information Officer (CIO) gains 20 years of experience or more, their salary would reach ₹52,14,226.96.
  5. The rising importance of cybersecurity across sectors like finance, energy, and government has led to a consistent demand for experienced CISOs.

The salary of a Chief Information Security Officer (CISO) is influenced not only by location and industry but also by the skills and expertise the individual brings to the role. Additionally, holding certifications such as CISSP, CISM, or CISA can significantly enhance a CISO’s earning potential, as these credentials are recognized and highly valued in the cybersecurity field. Below is a detailed breakdown of the average salary for a CISO in India based on hourly, monthly, and yearly compensation. Debashis Chatterjee is the CEO & MD of LTI Mindtree, the fast-growing global technology consulting and digital solutions company that helps organizations across the spectrum to unlock the value of digital for enterprise reimagination. The nature of the job often involves collaborating with cross-functional teams, managing large security operations, and responding to potential threats in real time.

The high level of expertise, leadership skills, and the ability to manage complex security infrastructures contribute to the premium salary offered to CISO-certified professionals. The salary of a Chief Information Security Officer (CISO) varies depending on factors such as experience, certifications, industry, and the size of the organization. CISOs are responsible for managing and overseeing the security of an organization’s information systems, ensuring compliance with cybersecurity standards, and mitigating cyber risks. A Chief Information Security Officer (CISO) is responsible for overseeing the organization’s entire cybersecurity strategy. They ensure the protection of digital assets, data integrity, and network security by managing risks, implementing security measures, and leading the response to cyber threats. The Chief Information Security Officer (CISO) plays a critical role in protecting an organization’s data and technology infrastructure.

Leading metropolitan cities like Bangalore, Mumbai, and Delhi offer higher pay packages due to the concentration of tech firms and financial institutions. With the growing demand for skilled cybersecurity professionals, CISO salaries in India are expected to continue rising as organizations prioritize robust security strategies to combat evolving cyber threats. Moreover, they are key players in decision-making processes at the executive level, influencing policies and procedures that protect the organization from cyber threats.

Most aspiring CISOs hold a bachelor’s degree in fields such as computer science, information technology, or cybersecurity. Many also pursue advanced degrees, such as a master’s in cybersecurity, business administration (MBA), or information security. The salary of a Chief Information Security Officer (CISO) is highly influenced by the industry in which they work. Different sectors place varying degrees of importance on cybersecurity, which in turn affects the compensation packages offered to CISOs. Some CISOs may have a broader strategic role, overseeing large teams, while others may focus more on technical security aspects, with varying levels of responsibility and pay.

During his dynamic tenure, Mphasis scaled cio salary in india great heights and created new records in terms of new deal acquisition and industry-beating growth rates. In FY23, Nitin Rakesh’s performances were remarkable and were clearly depicted in his remuneration of ₹59.2 crore, considering that he plays a strategic role in evoking the transformations within the firm. He is also a proud alumnus of SVKMs NMIMS of Mumbai with a Master’s Degree in Management Studies under Sikkim Manipal University. Mr. Parekh assists several client leaders directly to implement or develop and execute their digital transformation strategies.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *