Information technology service provider Syntel Inc. (NASD: SYNT) announced the upcoming retirement of CFO Arvind Godbole. Anil Agrawal, Syntel's general manager of finance, will serve as acting CFO while the company searches for a permanent replacement.

Godbole gave his 90-day notice on Nov. 9 and agreed to provide transition assistance to Syntel, according to a filing with the US Securities and Exchange Commission.

Godbole joined Syntel in 2001 as corporate controller, a role he held until his appointment as CFO in 2006. Godbole has also served as chief information security officer and was previously responsible for Syntel's administration, procurement and travel departments.

Agrawal joined Syntel in 2001 and has served as head of finance for the India operations from 2007 through December 2011 and head of corporate financial planning and analytics since January 2012.

“On behalf of Syntel's leadership team and board of directors, I would like to thank Arvind for his years of dedicated service to the company,” said CEO and President Nitin Rakesh. “Arvind has been an important part of Syntel's growth story, and he has made significant contributions to Syntel's success over more than a decade of financial leadership.”