Another Goan at the top…


Eddie Fernandes’ GoanVoiceUK is announcing that a 38-year-old Goan is to take over an IT company that employs 31,000 persons.

Eddie quotes this release from the PRNewsWire, which says: “Cognizant Announces Management Succession Plan.”

From PRNewsWire:

Cognizant Technology Solutions Corporation announced that the current Chief Operating Officer Francisco D’Souza will become President and CEO from 1 Jan 2007 … Mr. D’Souza, who will continue to be based in the U.S., has 17 years experience in the IT industry in operational, management and advisory roles and was part of the team that founded.

And, from GoanVoiceUK

Francisco D’Souza was born in Nairobi in 1968, the son of Sushila and Placido D’Souza (born in 1933, ex-Anjuna, Goa ex India’s Consul General in New York and High Commissioner in Port of Spain, Hong Kong and Nairobi). His sisters are Jacinta, Lucia and Maria. Francisco attended University of East Asia, Macau and Carnegie Mellon University, Pittsburgh. He is married to Ines, a Brazilian. For more info about him and the family see GVUK 2006-14

And here’s what Wikipedia has to say about Cognizant Technology Solutions:

Cognizant started out in 1994, as Dun & Bradstreet Satyam Software – the in-house technology development center for the Dun & Bradstreet Corporation (D&B) and its operating units. Initially a joint venture between Dun & Bradstreet (76%) and Satyam Computer Services Ltd. (24%), it soon became a 100% subsidiary of D&B Corp. In 1996, the company became a division of the Cognizant Corporation, after the split-up of Dun & Bradstreet Corporation. In June 1998, Cognizant Corporation was again spun-off into many independent companies, and Cognizant Technology Solutions was formed as a division of IMS Health, the world’s leading provider of information solutions to the pharmaceutical and healthcare industries. The same year, the company completed its initial public offering and was listed on the NASDAQ. In November 2002, IMS Health divested its majority interest in Cognizant through a tax-free split-off. Operations: The New Jersey headquartered Cognizant Technology Solutions has most of its employees based in the city of Chennai, Tamil Nadu, where they have eight offices at present. The employees at Cognizant number 31000+, and this figure is on the increase, as Cognizant is fast becoming one of the largest job providers in India. [citation needed]. Cognizant has aligned its businesses vertically and has clients in Banking & Financial Services, Healthcare, Manufacturing & Logistics, Information, Media & Entertainment, Telecom, Insurance, Life Sciences, Retail, Hospitality and New Tech. Cognizant revenue for the year 2005 was at $886 million mark and has guided to end year 2006 with $1.37 billion. It may be considered as being in the same league as Infosys, Wipro, Tata Consultancy Services which are the other, major Indian Information Technology (IT) services companies.

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