Cyient – GC Powerlist
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India Teams 2017

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Cyient

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India Teams 2017

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Cyient

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Cyient is a global solutions provider focused on engineering, manufacturing, data analytics and networks and operations. Ashok Reddy, president corporate affairs and infrastructure, heads the legal, governance and secretarial team, providing overall strategic guidance, direction and counsel on all legal and governance matters. Reddy heads the infrastructure function within the organisation and has been instrumental in ensuring state of the art offices and facilities for the company across 48 locations in 21 countries over India, Asia Pacific, North America and Europe. A key change for the legal team in the last two years has been the usage or leverage of technology in activities. One of which is the adoption and implementation of “Ariba”, a SAP-based contract and compliance software management tool for tracking and monitoring statutory compliances. The team, as a part of the company, works towards ensuring sustainable development of all stakeholders in the effective management of distribution of wealth and discharge of social responsibility by the application of best management and legal practices to ensure compliance with laws and adherence to ethical standards. ‘The principles of fairness, integrity, respect, sincerity and transparency are imbibed into the team and are a part of the work ethos of the team. In fact this permeates all aspect of the team’s work’, adds Reddy. Behind all of the company’s most significant acquisitions and transactions, in January 2017 Cyient, acquired Certon Software, a US-based company. This transaction was entered into to strengthen the automation in its key vertical aerospace and defence in line with strategy for growth. Furthermore in September 2017, the company sold its 49% stake in Infotech Aerospace Services (IASI), a joint venture between Pratt & Whitney and Cyient. The divestment was a step towards separating non-core businesses and concentrating on the core business of the company, something the legal function has consistently facilitated.

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