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From CBO to CEO: Shah Takes Helm at CitiusTech Amidst Growth
17 Aug
Summary
- Dhaval Shah appointed Acting CEO, Shyam Karunakaran named President.
- Rajan Kohli departs as CEO by the end of August 2026.
- Company focuses on AI-led transformation and healthcare specialization.
CitiusTech, a digital and enterprise AI company for healthcare and life sciences, has appointed Dhaval Shah as its Acting Chief Executive Officer and Shyam Karunakaran as President, effective immediately. This transition follows the decision of current CEO Rajan Kohli to leave by the end of August 2026. The appointments are part of CitiusTech's established succession planning and reflect confidence in its leadership team to drive future growth.
The company is experiencing strong business momentum, driven by a focus on healthcare specialization and AI-led transformation. CitiusTech reported strong growth in FY26, placing it in the top quartile of technology services companies, with continued momentum into FY27. The organization is actively helping clients implement AI for healthcare challenges, seeing increased demand for healthcare-specific AI solutions.
Dhaval Shah, with over 19 years at CitiusTech, previously led the MedTech and Life Sciences businesses. Shyam Karunakaran, a 17-year veteran, headed the Payer and Platform businesses. Both leaders are recognized for their deep understanding of the industry and client relationships, positioning them to guide CitiusTech's strategic priorities in AI services and healthcare intelligence. Rajan Kohli expressed his gratitude for his tenure and wished the new leadership success.
