Tata Sons Chairman-designate Natarajan Chandrasekaran will also hold the chairmanship of the group's crown jewel Tata Consultancy Services from 21
st Feb 2017.
The country's largest software services provider has also named V Ramakrishnan as its Chief Financial Officer to succeed Rajesh Gopinathan, who will take over as the CEO and MD of the Tata Group company.
The nomination was duly noted by the directors at its meeting held on February 20, 2017.
Chandrasekaran, currently Chief Executive and Managing Director of TCS, will take charge as the Non-Executive Chairman of the board of directors of TCS with effect from tomorrow.
In a separate filing, TCS said its board of directors appointed V Ramakrishnan as the Chief Financial Officer with effect from February 21.
Ramakrishnan, or Ramki as he is popularly known, joined TCS Finance in 1999, and served as the Finance Head of TCS North America for seven years.
Earlier in the day, TCS also announced a Rs 16,000 crore buyback, the largest till date in the Indian corporate history.
Tata Sons had earlier appointed Ishaat Hussain as TCS Chairman on November 11.
TCS had said Hussain would hold office as the Chairman until a new Chairman is appointed in his place.
TCS: Know More- CEO: Rajesh Gopinathan (21 Feb 2017)
- Revenue: 16.54 billion USD (2016)
- Headquarters: Mumbai
- Founders: J. R. D. Tata, F. C. Kohli
