An American multinational information technology services and consulting company, Cognizant splits its global growth markets (GGM).
Also Watch, Madras High Court’s Judgement on ‘Social Media’ for Employees ‘Right to Vent’, Click Here
The company has appointed two internal leaders Manoj Mehta and Jane Livesey to lead the two GGM units
Cognizant CEO Ravi Kumar S said, “We are fortunate to have an exceptionally strong team of experienced regional leaders across GGM, and Jane and Manoj have my full confidence and support.”
“They will continue to pursue Cognizant’s growth strategy – strategic growth accounts, acquisitions, large deals, brand success – but will imprint the unique regional nuance onto that strategy in each of their regions to better help accelerate revenue growth,” Cognizant CEO Ravi Kumar S added.
The appointment follows the exit of former GGM leader Rob Walker last month. The new leaders will report directly to the CEO.
Manoj Mehta has been appointed as head of Europe, Middle East, Africa (EMEA). He will be representing its commercial and delivery interests in Northern, Central, and Southern Europe; Middle-East; Africa, the UK, and Ireland.
Jane Livesey has been appointed as head of Asia Pacific and Japan (APJ). Jane will be representing the commercial and delivery interests in Australia, New Zealand, ASEAN, Greater China, India, and Japan.
GGM refers to the company’s emerging markets outside of America. Recently, Cognizant is not mandating its employees to return to the office any time soon.
“We did express that social capital is important as we have freshers in the mix who will need hand-holding. It won’t be impactful if the managers don’t come to work. We will have a more natural progression of return-to-work,” Cognizant CEO Ravi Kumar S said.
“Our flexible return to work is actually helping us get in more women to work as opposed to affecting them,” CEO Ravi Kumar added.
“We maintained our commercial momentum, with strong bookings growth of 17% year over year, including roughly a third of in-quarter bookings from large deals,” Ravi Kumar S added.
“We also saw a return to sequential revenue growth, and our initial investment in the Cognizant Neuro AI platform has helped drive more than 100 early engagements as clients embrace generative AI”, Ravi Kumar S said.
Ravi Kumar S further said, “The continued reduction in our voluntary attrition, improved employee engagement, and higher customer satisfaction scores reflect the interdependence of our client and employee experience.”
The Total headcount at Cognizant at the end of the second quarter was 345,600, a decrease of 5,900 from Q1 2023 and an increase of 4,300 from Q2 2022.