Cognizant India’s Chairman and MD Rajesh Nambiar will replace Malcolm Frank as president of digital business and tech, who is set to retire in September. Nambiar’s appointment came into effect from Friday while continuing his role as the Chairman. Earlier this year, Cognizant merged two out of three sectors into one under Frank which was appreciated by analysts. Nambiar is expected to bring his vast knowledge of data, cloud, AI, and analytics to his new role.
Cognizant India released a statement on Thursday saying they made over 28,000 campus offers to young talent across the country. This is a step towards meeting the growing demand for digital products and solutions from clients. Cognizant has projected a 7-9% growth in revenue this year. With the highest campus acceptance rate in the country at 81%, Cognizant remains very confident in standing as a magnet for skilled talent and a great place to build a career.
Cognizant start a programme offering a 12-week paid experience for tech professionals intending to restart careers after a break. With the first of its kind programme launched in India, Cognizant aims to get diverse talent irrespective of the gap in their professional career. Cognizant India Chairman and MD Rajesh Nambiar said, “We are extending our diversity and inclusion philosophy into supporting whose personal goals resulted in a professional break.”
Cognizant is giving “substantially higher bonuses than 2019″, promoted 24,000 and is offering 1,60,000 employees with merit increases globally. ” Recognising our employees globally in serving our clients during this protracted pandemic, we are rewarding bonuses, despite 2020 being an extraordinarily challenging year,” said Cognizant India Chairman and MD Rajesh Nambiar. The US-based firm has two lakh of its 2.9 lakh employees based in India.
Cognizant will hire around 23,000 freshers, largely form Indian campuses, in 2021, said its India MD Rajesh Nambiar, in his first media interaction. Nambiar, appointed in Oct, reports to CEO Brian Humphries and is an executive committee representative of firm’s 200,000 India associates. Cognizant has hired around 17,000 from campuses this year, including India, which is one of the highest percentages of campus hires-to-total hires since 2016, claimed Nambiar.
Rajesh Nambiar, president at networking systems and software company Ciena India, is one of the front-runners for the Cognizant India MD’s role. The post became vacant when Ramkumar Ramamoorthy quit the firm in July. Nambiar is seen to have accelerated Ciena’s growth and expanded its presence in networking systems and services in the country. Nambiar was previously General Manager at IBM’s application services business.