Manoj Saxena Elected Board Chairman of Dallas Fed’s San Antonio Branch

DALLAS—February 8, 2016—Manoj Saxena of Austin has been elected chairman of the Federal Reserve Bank of Dallas’ San Antonio Branch by its board of directors.

He has served on the San Antonio Branch board as a Dallas Fed appointment since 2012 and was appointed to the board of directors by the Federal Reserve Board of Governors for a three-year term on January 7, 2015.

In his new role as board chairman, Mr. Saxena will contribute to Federal Reserve’s monetary policy formulation by weighing in on regional economic and credit conditions on a regular basis

Mr. Saxena is a business leader, IT executive, and venture capitalist who serves as chairman of CognitiveScale, a provider of machine intelligence powered cognitive clouds. He is also the founding managing director of The Entrepreneur’s Fund IV, and also serves as a special advisor to IBM senior leadership.

Before joining The Entrepreneur’s Fund IV, Saxena was general manager, IBM Watson. He received the IBM Chairman’s Award for Watson commercialization and helped with the formation of Watson Business Group in January 2014.

He holds two U.S. patents for web services technologies and is an author of several others.

Mr. Saxena holds a master’s degree in business administration from Michigan State University and a master’s in management sciences from the Birla Institute of Technology & Science in Pilani, India.

The San Antonio Branch board consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

About CognitiveScale

CognitiveScale builds enterprise-scale augmented machine intelligence software for healthcare, commerce, and financial services markets. The company's products— Engage and Amplify—help large enterprises increase customer engagement, improve decision-making, and deliver self-learning and self-assuring business processes. CognitiveScale has successfully deployed its software with multiple Global 500 companies and has formed strategic go-to-market and technology partnerships with IBM, Microsoft, and Deloitte.

CognitiveScale was founded in 2013 by highly successful serial entrepreneurs and senior executives from IBM Watson, Oracle, and Salesforce with deep expertise in vertical enterprise software, cloud computing, and machine learning. The company has won numerous awards and featured in prominent research and publications. It is headquartered in Austin, Texas, with offices in the United Kingdom and India. Investors include Norwest Venture Partners, Intel Capital, IBM Watson, and Microsoft Ventures.

For more information on the company, please visit us at cognitivescale.com and follow @cognitivescale on Facebook, Twitter and LinkedIn.

Media Contact

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