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Thu. Dec 8th, 2022
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HYDERABAD: In a bid to expand its electronics manufacturing services capabilities, Hyderabad-based IT player Cyient on Thursday announced the strengthening of the leadership of its design led manufacturing (DLM) business with the appointment of a new chief executive officer (CEO) and chief operating officer (COO).
Cyient said while it has appointed Anthony Montalbano as CEO of Cyient DLM, Ram Dornala has been appointed COO of Cyient DLM, which focuses on high reliability EMS offerings. Cyient said the new appointments are expected to accelerate growth of its DLM business.
While Montalbano has over three decades of experience in engineering and electronics manufacturing services in leadership roles with top global technology companies, Dornala over two decades of experience in electronics design and manufacturing.
Commenting on the new appointments, Cyient managing director & CEO Krishna Bodanapu said with the strengthened leadership at Cyient DLM the company would be well positioned to leverage global trends to build a strong growth momentum for the business.
“With a focus on highly complex, low-volume electronics manufacturing for safety-critical segments, DLM has a unique positioning in the market. There are significant synergies between Cyient services and Cyient DLM’s business, with a common set of customers and a potential to realize the B2S strategy. Cyient will continue to leverage these synergies to accelerate growth,” he said.
“The industry is witnessing a significant growth driven by changing global trends and a focus on key new technologies like IoT, Industry 4.0, among others. The advancement of the China Plus One strategy, increasing need for electronics manufacturing, significant focus on the Indian market, and opportunities in Built to Spec (B2S) are key global trends that present a unique opportunity to grow Cyient DLM business,” Cyient said in a regulatory filing.

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