Cyient adds former Tech Mahindra veteran Karthikeyan Natarajan to top deck

Hyderabad-based technology services and solutions company Cyient has appointed Karthikeyan Natarajan as its president and chief operating officer (COO).

With over two decades of experience in engineering services, Natarajan will play a key role in accelerating the company’s transformation from services to solutions, it said in a statement.

“The opportunity to expand around the customer’s journey in digital transformation is immense. I look forward to working with the Cyient team to accelerate growth over the next few years," Natarajan said.

He will lead the global business operations management for the company, including sales, delivery and business development. The company focuses on multiple industry verticals such as aerospace and defense, communications, transportation, semiconductor, energy, utilities, geospatial and industrial.

Natarajan is also the co-chair of the engineering services forum at trade association body NASSCOM. Earlier, he headed the integrated engineering services business for Tech Mahindra and has also worked as a section manager in Bajaj Auto.

“Karthik’s outstanding leadership will help strengthen our current business and accelerate the transformation journey. While we are privileged to have an outstanding leadership team in place, Karthik’s addition will help us immensely in delivering industry-leading growth,” Krishna Bodanapu, managing director and CEO, Cyient, said.

In January, the firm opened a development centre in Warangal, Telangana, its second in the city. The centre is focussed on Cyient’s communications business division and the company hopes that the investment will help the city attract more IT investments. In 2016, the company set up an incubation centre in the city.

The firm reported a 6.9% decline in its quarterly revenues due to fewer working days and high on-site deployment in its aero and defense vertical.

The company’s total revenue fell to Rs 1,106 crore in the third quarter ended December 2019 from Rs 1,187.6 crore a year earlier, it said in exchange filings in January.