Kyndryl names CTO and senior partner in advisory practice  

02 July 2021 | Melanie Mingas

Cover

Kyndryl – IBM's independent managed infrastructure services business – has named its CTO and confirmed that it will establish an advisory practice.

Antoine Shagoury is to join the firm as chief technology officer, while Kyndryl's advisory practice has been established and will be headed by Vic Bhagat, who was previously senior vice president and chief information officer of Verizon Enterprise Solutions.

"Kyndryl's goal is to apply the most modern and resilient IT systems and talent to help customers realize their business ambitions," said Elly Keinan (pictured), group president of Kyndryl.

"Antoine Shagoury is an experienced global leader with significant expertise in mission critical systems and operations, who will direct our technology strategy and investments to advance the vital systems that power progress for our customers."

Shagoury comes to Kyndryl following his role as venture partner at Ridge-Lane LP, which operates across education, sustainability, and IT.  Previously, he served as an EVP and global CIO at State Street Corporation, group COO and CIO at the London Stock Exchange Group, and as CIO at the American Stock Exchange and New York Stock Exchange Alternext.  

Heading Kyndryl's advisory practice Bhagat is an IT industry veteran joining Kyndryl as a senior partner.  Bhagat has been SVP and CIO of Verizon Enterprise Solutions, EVP and CIO of EMC, and CIO for several divisions of General Electric, including GE Aviation Services, CNBC, GE Corporate, and GE India and Southeast Asia.

An active investor and advisor he was most recently the president of Matrix CvC.

"Kyndryl has a deep reservoir of data and advanced IP, and we are adding experts with experience in managing the world largest and most demanding IT environments," Keinan added.

"The Kyndryl advisory practice will be a unique capability combining deep expertise and insights for our customers.  As senior partner, Vic's perspective and experience will be a great asset to Kyndryl customers as they modernise and manage their broad IT ecosystem."

The newco was first announced in January when Martin Schroeter was named CEO. The name Kyndryl was confirmed in April and the firm is expected to be fully operational by the end of this year.