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 CitiusTech, a leading digital and enterprise AI company for healthcare and life sciences organizations, announced that Dhaval Shah, chief business officer for the MedTech (HMT) and Life Sciences (HLS) markets, has been elevated to the role of acting chief executive officer, effective immediately.
Shyam Karunakaran, chief business officer for Healthcare Payer & Platforms (HHP & Platforms), has been elevated to the role of president, with broad responsibilities spanning enterprise strategy, markets, growth, and execution. Rajan Kohli, chief executive officer, has decided to move on from his role by the end of August 2026 to pursue other opportunities.
“Over the past two decades, CitiusTech has built a strong and differentiated business, underpinned by deep healthcare expertise, trusted client relationships and an exceptional leadership team,” said Dr. William Winkenwerder Jr., chairman, CitiusTech.
Dhaval Shah has been with the company for more than 19 years, helping shape its culture, values, and operating model since its earliest days. Over his tenure, Dhaval has held various leadership roles and was responsible in building the company’s MedTech and Life Sciences businesses. Until recently, he served as chief business officer for these industry segments.
"I want to thank Rajan and the board for the strong foundation we are inheriting. Our vision to accelerate healthcare intelligence is well and truly underway," said Dhaval Shah, acting chief executive officer, CitiusTech.
Shyam Karunakaran has spent 17 years at CitiusTech. He served as chief business officer for the company's Payer and Platform businesses and helped build them into the franchises they are today. As president, he will bring that same strategic mandate to the broader organization, with responsibilities across enterprise strategy, markets, growth, and execution. "Between Dhaval and me, we bring more than 36 years of experience at CitiusTech, and we are excited to lead the company through its next phase," said Shyam Karunakaran, president, CitiusTech.
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