Cognizant yesterday named Jatin Dalal as Chief Financial Officer (CFO), with the appointment anticipated to be effective in December 2023. Dalal will report to Ravi Kumar S, Chief Executive Officer of the company, and oversee, among other responsibilities, Cognizant’s worldwide financial planning and analysis, accounting and controllership, tax, treasury and internal audit, corporate development, investor relations and enterprise risk management functions, a statement from the company informed.
Dalal will succeed Jan Siegmund, who intends to retire in early 2024. Upon Dalal’s assumption of the role of CFO, Siegmund will remain with the company as a non-executive officer and special adviser to support an orderly transition, said the statement.
It further mentioned that Dalal brings executive-level financial expertise from complex, multi-national organisations. He joins Cognizant from Wipro, where he had served as CFO since April 2015 and assumed additional responsibilities as President beginning in December 2019. Previously, he was CFO of Wipro’s Global IT Business from 2011 to 2015 in Bengaluru, and prior to that, he served as Wipro’s UK Head of Finance for the Europe region and as the Global Finance Head for the company’s energy and utilities, healthcare and manufacturing business units, the statement concluded.
