ANI
17 Mar 2023, 12:57 GMT+10
Mumbai (Maharashtra) [India], March 17 (ANI): Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services tendered his resignation, which will be effective from the close of business hours on September 15, 2023.
TCS said Gopinathan resigned to pursue "other interests". He has been Managing Director and CEO for the last six years.
Accordingly, the Board of Directors at the multinational IT services company, at its meeting held on Thursday, appointed K Krithivasan as the Chief Executive Officer designate, with immediate effect.
"The Board of Directors has considered his request and accepted the same. Mr. Gopinathan will continue with the company till 15th September 2023 to provide transition and support to his successor," TCS said.
Krithivasan is presently President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at Tata Consultancy Services.
"I have been harboring a few ideas on what I want to do in the next phase of my life. After deep reflection and in discussion with the Chairman and the Board, we decided that the end of this fiscal year is a good time for me to step aside and pursue those interests. Having worked with Krithi over the last two decades, I am confident that he is best positioned to take TCS to greater heights along with the leadership team. I will be working closely with Krithi to give him all the support that he needs," outgoing CEO Gopinathan said.
CEO designate Krithivasan has been part of the global technology sector for over 34 years, having joined Tata Consultancy Services in 1989. During his long tenure at TCS, he has held various leadership roles in delivery, customer relationship management, large program management, and sales.
Krithivasan is also a member of the Board of Directors of TCS Iberoamerica, TCS Ireland and the supervisory board of TCS Technology Solutions AG.
He holds a Bachelor's Degree in Mechanical Engineering from the University of Madras and a Master's Degree in Industrial and Management Engineering from IIT Kanpur.
"He (K Krithivasan) shall take over as the Chief Executive Officer and Managing Director of the Company in the next financial year, subject to shareholder's approval, the effective date of which would be intimated in due course," TCS said in a regulatory filing to the stock exchanges Thursday evening. (ANI)Get a daily dose of Rio De Janeiro Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Rio De Janeiro Sun.
More InformationBuenos Aires [Argentina], July 5 (ANI): After their delegation-level talks, Prime Minister Narendra Modi and President of Argentina...
Astana [Kazakhstan], July 5 (ANI): India's boxing contingent at the World Boxing Cup, Kazakhstan 2025, will be vying for at least eight...
Buenos Aires [Argentina], July 5 (ANI): Delegation-level talks between Prime Minister Narendra Modi and Argentine President Javier...
Buenos Aires [Argentina], July 5 (ANI): President of Argentina Javier Milei and Prime Minister Narendra Modi shared a warm hug as the...
Buenos Aires [Argentina], July 5 (ANI): Prime Minister Narendra Modi paid tribute at the San Martin Memorial in Buenos Aires on Saturday...
* In recent years, BRICS has transformed into a major force fostering cooperation among Global South nations. This collaboration not...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...