Tata Consultancy Services Ltd on Thursday (16th March 2023) appointed company veteran K Krithivasan as CEO designate after Rajesh Gopinathan resigned.

* Gopinathan, who completed six years as CEO of the Indian IT behemoth in January, was reappointed as CEO till 2027 last year. Gopinathan will continue with the company till September 15, 2023 to provide transition and support to his successor, said the IT firm.

* TCS Board has nominated K Krithivasan as the CEO designate with effect from March 16, 2023. "Krithivasan will go through a transition with Rajesh Gopinathan and will be appointed as the Managing Director & CEO in the next financial year,"

* K. Krithivasan is presently President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS.

* "During his long tenure at TCS, Krithivasan has held various leadership roles in delivery, customer relationship management, large program management and sales. Krithivasan has been part of the global technology sector for over 34 years, having joined Tata Consultancy Services in 1989," said the IT firm.

* After a stellar career of over 22 years with TCS and a successful stint as Managing Director & CEO during the last 6 years, Rajesh Gopinathan has decided to step down from the company to pursue his other interests, said TCS in a stock exchange filing. Gopinathan has been with TCS since 2001 and has held multiple leadership positions, including that of chief financial officer. Under his leadership, TCS shares have nearly tripled, revenue has almost doubled and profit has risen about 60%, as of last quarter.

* Gopinathan took the reins of TCS from Chandrasekaran who was elevated to the post of Tata Sons Chairman in February 2017...

Source : Business Today