Prabhakar Shetty joins Cyeint as Chief Digital Officer; stock dips ~2%

16 Jun 2022 , 11:28 AM

Cyient Limited, in its press release today, has announced the appointment of Prabhakar Shetty as its Chief Digital Officer.

Prabhakar will be the leader in digital strategies and will actively work towards expanding the company’s digital technology footprint by scaling the services lines related to connected manufacturing, intelligent products, and platforms and strengthening IntelliCyient, company’s digital solutions suite.

Prabhakar brings in three decades of rich and versatile experience in building and nurturing successful consulting and technology businesses. Prior to his engagement with Cyient, Prabhakar was the head of business lines in Digital Manufacturing, Cloud Engineering, Asset Management, PLM, and Supply Chain Management at global service and manufacturing organizations.

Speaking on the appointment Krishna Bodanapu, Managing Director and CEO, Cyient, commented, “I am delighted to have Prabhakar join the leadership team as we continue to strengthen our digital technology footprint. Prabhakar’s leadership and technology expertise will help accelerate our growth and transformation journey.”

In his association as Chief Digital Officer of Cyient, Prabhakar will be responsible to strengthen its s IntelliCyient solutions suite and building next-gen technology solutions to help customers accelerate their digital transformation journey.

At around 11.32 AM, Cyient was trading at Rs784.75 per piece, down by Rs16.25 or 2.03% from its previous closing of Rs801 on the BSE. The scrip opened at Rs808.40 and has touched a high and low of Rs825 and Rs784 respectively.