In a surprise development Cognizant India's Chairman and Managing Director, Ramkumar Ramamoorthy, has resigned effective July 17, within 10 months of taking over the post.
"Yes, I have resigned," Ramamoorthy told BusinessLine without giving any details.
A company spokesperson said Ramamoorthy would pursue other interests. The search is on for a replacement, he added.
During his 21-plus years with Cognizant, Ramamoorthy has played a leading role in developing many India-based portfolios, among them Marketing and Communications, Market Research and Intelligence, Public Affairs, and Knowledge Management.