Diebold Nixdorf (NYSE: DBD) announced that Raj Singh has joined the company as executive vice president and chief information officer. Singh replaces Teresa Ostapower, who is retiring after serving as CIO since 2021.

Singh brings nearly 30 years of experience in technology and digital transformation across financial, automotive and energy sectors. He will report to Octavio Marquez, Diebold Nixdorf president and chief executive officer, according to the company's statement.

Most recently, Singh served as vice president and CIO at Visteon Corporation, where he led enterprise AI strategy, IT transformation, cloud strategy and cybersecurity programs. He previously held senior technology leadership roles at Ford Motor Company, DTE Energy, Horizon Global and Ally Financial.

In his new role, Singh will lead the company's global IT operations and cybersecurity strategy. His responsibilities will include leveraging expertise in artificial intelligence, cloud systems and process optimization to improve performance and efficiency.

"Raj is a proven global technology leader with deep experience modernizing complex environments, strengthening cybersecurity and delivering large-scale transformation," Marquez said in the statement. "As we continue to execute our strategy, Raj's leadership will help us accelerate platform modernization, improve operational efficiency and advance our digital capabilities."

Diebold Nixdorf operates in more than 100 countries with approximately 20,000 employees worldwide. The company provides technology and services to financial institutions and retailers, connecting digital and physical channels for banking and shopping transactions.