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Home FEATURED Cognizant India MD quits within a yr of taking over

Cognizant India MD quits within a yr of taking over

Ramkumar Ramamoorthy (File picture)BENGALURU: Top level exits at Cognizant is no extended information. But this 1 will surprise numerous. Cognizant India chairman & MD Ramkumar Ramamoorthy resigned on Thursday, fewer than a 12 months into this part. Ramamoorthy – or Ram as he is fondly identified as by the IT and media fraternity – spent over 22 yrs with the Nasdaq-detailed agency, serving many roles including in branding and academic outreach. As India chairman, he was also a member of the company’s world executive management crew. Ramamoorthy was a facts male, reeling out balance sheet numbers, not only of Cognizant but even of rivals, with ease. He generally went beyond what his position demanded to position Cognizant’s development story – and it was a fantastic expansion story, until a pair of yrs back. In a LinkedIn put up on Thursday, Ramamoorthy said, “For extra than 22 yrs, Cognizant was the planet to me. All of you designed that world so attractive that I was eternally in awe of it. In the previous couple months, I felt a robust want to double down on my abiding enthusiasm (also my initial contacting!)—education, skilling and mentoring business owners. I am all set to examine that environment once again from July 17.” Cognizant CEO Brian Humphries, who took more than last 12 months, has been shaking up the top deck and has made a slew of interior adjustments in an effort to constant a enterprise that was till a several years ago a darling of Wall Avenue. Government vice president Pradeep Shilige, a 24-12 months Cognizant veteran who headed global delivery, has resigned much too. He will remain on until September to make certain a clean handoff. Humphries, in a interaction to employees, stated former Accenture senior MD Andy Stafford will replace Shilige. Stafford used virtually two many years with Accenture the place he rose to senior MD accountable for the firm’s world-wide delivery community for technological know-how, an business of 100,000 gurus functioning in more than 20 countries. Soon after he left Accenture in late 2013, Andy held a variety of executive positions that contain COO of Computacenter and international head of services and delivery for Unisys. “Globalizing Cognizant goes outside of our geographic revenue blend, the amount of international locations we function in, the variety of backgrounds and places of our leadership groups, or how nicely identified our brand is all around the planet. It also necessitates us to have a world-wide delivery network that is robust and resilient more than enough to guarantee continuity of services for clients no make any difference what’s going on in the planet,” Humphries, mentioned in an electronic mail. Humphries claimed Cognizant needs a world wide delivery network that is sturdy and resilient ample to ensure continuity of company for consumers no make a difference what is happening in the environment. “I’ve requested Andy to take a clean glance at our delivery organization and refine our operating model to attain entire world-course efficiency,” he explained. Responding to the Cognizant modifications, Phil Fersht, CEO of US-dependent HfS Investigation, stated this is not a time to bury one’s head in the sand and hope good occasions will return – “the only training course of action is to make swift, and normally distressing modifications, to keep in the favored provider combine for essential clients.” Fersht claimed this pandemic and ensuing recessionary disaster could very well establish to be beneficial to Cognizant — the actively playing field has been levelled for top tier IT services companies, letting Humphries to entire the internal improvements and market positioning he sights essential to place the organization back again where it was executing 3-4 a long time in the past. “Moreover, a supportive Board will make it possible for the company to pivot away from legacy outsourcing methods, exactly where other India-heritage vendors are battling.”

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