Cognizant on Thursday said it appointed Jatin Dalal as chief financial officer, with the appointment anticipated to be effective in December.
Dalal will succeed Jan Siegmund, who, as previously disclosed, 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.
Dalal will report to Ravi Kumar S, the Teaneck-based firm’s CEO, and oversee, among other responsibilities, the company’s worldwide financial planning and analysis, accounting and controllership, tax, treasury and internal audit, corporate development, investor relations and enterprise risk management functions.
Dalal brings extensive executive-level financial expertise. He joins Cognizant from Wipro, a publicly traded multinational technology services and consulting company, where he had served as CFO since April 2015 and assumed additional responsibilities as president beginning in December 2019. Previously, Dalal was CFO of Wipro’s Global IT Business from 2011 to 2015 in Bangalore, and prior to that, he served as Wipro’s U.K. head of finance for the Europe region and as the global finance head for the company’s Energy & Utilities, Health Care and Manufacturing business units.
Dalal served as a member of the New York Stock Exchange’s Listed Company Advisory Board from June 2015 to November 2022. He is also the co-chair of the CFO Committee of the Confederation of Indian Industry for fiscal year 2023-2024.
