Cognizant's D'Souza signs off, Bali to join as independent director

D'Souza was the last of the three Indian and Indian origin co-founders of the firm that initially started as a captive unit of Dun & Bradstreet in 1994 through a JV with Satyam Computers

After spending nearly two and a half decades in the company he had co-founded with two others, Francisco D’Souza, currently the vice-chairman at Cognizant, has decided to sign off. The Nasdaq-listed firm on Thursday announced his departure from the board effective from March 31. 

D’Souza was the last of the three Indian and Indian origin co-founders of Cognizant, which initially started as a captive unit of Dun & Bradstreet-back in 1994 through a joint venture with Satyam Computers. It became an independent company after being spun off from the parent two years later. The other founder, Kumar Mahadeva, who served as