Healthtech firm CitiusTech has appointed Rajan Kohli as its new Chief Executive Officer. He replaces Bhaskar Sambasivan, who will continue as an advisor to the Princeton-headquartered firm.

Prior to this, Kohli spent nearly three decades at Wipro, most recently as President of the iDEAS (Integrated Digital, Engineering and Application Services) business.

His appointment comes at a time when the slowdown in the US market is starting to impact some parts of the healthcare services industry.

“He (Rajan) is a proven leader with a breadth of business experience and a strong track record of driving transformation and scaling successful businesses. He brings tremendous leadership capabilities and expertise in digital, engineering and application services with an innovation-led approach to drive the next phase of growth for us,” said William Winkenwerder, Chairman, CitiusTech.

Last year, Bain Capital acquired a stake in the healthtech firm from Baring Private Equity Asia.

“The healthcare industry is at a very interesting place. It will undergo a digital revolution very much like some of the other industries have in the last eight to ten years,” Kohli told ET. “We are at a size and scale where within the healthcare industry, this is now a meaningful company and I feel I can contribute and create impact.”

While discretionary spending in the healthcare space was starting to slow down, Kohli said that the impact of the US slowdown would not be as big as on the tech or financial services industry.CitiusTech would still grow in double digits this year, he added.

The company would also continue to hire more selectively for certain capabilities through the year.

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