Business

Cognizant makes organisational changes, president DK Sinha to retire in July

BENGALURU: Dharmendra Kumar (DK) Sinha, a Cognizant veteran and president of North America, is retiring from the corporate in July. Sinha, who managed 75% of Cognizant’s enterprise, is leaving after 24 years with the agency.
In 2019, he was elevated to go North American technique, trade verticals, gross sales, supply in addition to mergers and acquisitions. Previous to that, Sinha was president of worldwide consumer providers.
“DK has served not solely as a key chief but in addition as a torchbearer of our tradition and a trusted advisor to me. Over the past 18 months, he rebuilt the North American management group and grew bookings considerably,” Cognizant CEO Brian Humphries stated in an e mail to staff on Wednesday.
Greogory Hyttenrauch, former president of Cognizant Digital Techniques & Know-how, will exchange Sinha as president of North America.
After management adjustments and an enormous reorganisation, Cognizant has made some adjustments to its working mannequin to make it simpler for its purchasers to do enterprise with the Nasdaq-listed agency. It’s combining two of its service traces — digital enterprise (DB) and digital methods and expertise (DS&T) — into a brand new service line known as digital enterprise and expertise (DB&T) which can be led by Malcolm Frank. A 15-year veteran within the agency, Frank was beforehand the president of Cognizant Digital Business.
“DB&T will develop into a development platform and enabler for our industrial markets bringing collectively the trade’s most compelling expertise imaginative and prescient, technique, roadmap, capabilities, options, partnerships and subject material experience right into a single built-in powerhouse,” Humphries stated.
Digital operations will now be known as digital enterprise operations and can proceed to be led by its president Ganesh Ayyar.
Humphries stated world supply head Andrew Stafford’s group is constructing a brand new world supply community to make sure higher resilience and capabilities and higher entry to native expertise. They’re additionally growing native supply capabilities throughout nations to raised tackle the project-based digital work.
“I wish to underscore that at the moment’s announcement just isn’t about value reductions and there can be no restructuring cost. We gained’t anticipate any vital workforce discount on account of this service line realignment. The truth is, our present plan requires a considerable hiring in 2021,” Humphries stated.

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