INDIA: One of India’s most well-known IT companies, Cognizant, has appointed a new CEO. Cognizant on January 12 announced the appointment of former Infosys president Ravi Kumar as its new chief executive officer effective immediately. Kumar has worked in the country’s information technology industry for over two decades.
Kumar is an educated leader who has also held positions on the boards of Digimarc Corp. and TransUnion. He went to Shivaji University to get his engineering degree and completed his MBA from the Xavier Institute of Management.
As per the reports, Kumar will receive a substantial salary package. He will earn more than four times as much as Mukesh Ambani did in 2020.
Kumar’s appointment as the new CEO of Cognizant comes as a fresh breath of air for the information technology services and consulting company, which has underperformed under the leadership of outgoing CEO Brian Humphries.
Humphries’ tenure under Cognizant’s leadership was tumultuous, with a former employee likening his entry into the firm to “a bull in a China shop.” He laid off several senior leaders and fired countless others.
Ravi Kumar, former president of Infosys, is considered one of the most accomplished leaders in the technology industry. Throughout his tenure at the company, he played a vital role in driving growth and innovation, and his achievements have had a significant impact on the success of Infosys.
Kumar joined Infosys in 2000 as a senior vice president and quickly rose through the ranks to become president in 2015, holding the position until 2022.
During his tenure at the helm of Infosys, his responsibilities included overseeing the company’s operations in North America, Europe, and Asia. He played a critical role in driving growth and innovation across the organization.
One of Kumar’s main achievements as the head of Infosys was expanding the company’s presence in the North American market.
When he joined the company, Infosys had a relatively small presence in the Americas. However, under his leadership, it became one of the largest technology service providers to companies in the United States and Canada.
He achieved this meteoric rise in Western nations through a combination of organic growth and strategic acquisitions. Today, North America is the company’s largest market, accounting for more than 60% of its revenue.
In addition to expanding the company’s presence in North America, Kumar also played a critical role in driving innovation at Infosys.
He strongly advocates investing in emerging technologies such as artificial intelligence, machine learning, and blockchain. He helped the company build a robust portfolio of digital services that has helped it stay ahead of the curve in the rapidly changing technology landscape.
Another significant achievement of Kumar’s was his role in building a strong culture of innovation and collaboration within the company. He was a strong advocate for empowering employees to think outside the box and helped to create an environment where ideas and new ways of thinking were encouraged and supported.
His actions helped to foster a culture of innovation that has been a crucial driver of the company’s success and helped it stay ahead of the competition in the technology industry.
Kumar’s achievements at Infosys have not gone unnoticed. He has received numerous awards and honours, including being named one of the top 50 CIOs in the world by IDG and being included in the list of the world’s most influential CIOs by Forbes.