Xero Limited announced that Chief Operating and Financial Officer Sankar Narayan will leave Xero at the end of December 2018 to pursue other opportunities. Sankar joined Xero in 2015 and has helped build the foundations for Xero's diversified global growth strategy while also enabling significant improvement in the operating performance of the business. Xero also announces that Chief Accounting Officer, Kirsty Godfrey-Billy, will be appointed Chief Financial Officer effective 1st October 2018.

Kirsty has been with Xero since 2016, working alongside Sankar to lead the global financial operations team and drive Xero's financial reporting, planning and budgeting processes. Kirsty is a Chartered Accountant with more than 20 years' experience in the financial services and technology sectors, having previously been a partner at PwC New Zealand for five years.