Tata Steel adds Natarajan Chandrasekaran to its Board of Directors

– INDIA, Mumbai – Tata Steel‘s Nomination and Remuneration Committee met earlier today and unanimously recommended the induction of Mr. N. Chandrasekaran as a Member of the Board.

Based on the above recommendation, the Board of Directors of the Company unanimously approved the appointment of Mr. N. Chandrasekaran as an Additional Director of the Company with immediate effect.

Mr. Natarajan Chandrasekaran is the Chairman Designate of Tata Sons Limited and the chief executive officer and managing director of Tata Consultancy Services (TCS), a leading global IT solution and consulting firm, a position he has held since 2009.

He was appointed as a director on the board of Tata Sons on October 25, 2016.

Mr Chandrasekaran joined TCS in 1987 after completing his master’s in computer applications from Regional Engineering College, Trichy, Tamil Nadu, India.

Under his leadership, TCS has become the largest private sector employer in India with the highest retention rate in a globally competitive industry. TCS remains the most valuable company in India and ended 2015-16 with a market capitalisation of over US $70 billion. Under Mr Chandrasekaran’s leadership, TCS was rated as the world’s most powerful brand in IT services in 2015 and recognised as a Global Top Employer by the Top Employers Institute across 24 countries.

A technopreneur known for his ability to make big bets on new technology, Mr Chandrasekaran has been driving TCS’s strong positioning in the emerging digital economy with a suite of innovative digital products and platforms for enterprises, some of which have since scaled into sizeable new businesses.

He was also appointed as a director on the board of India’s central bank, the Reserve Bank of India in 2016. He has served as the chairperson of IT Industry Governors at the WEF, Davos, in 2015-16. He has been playing an active role in the Indo-US and India-UK CEO Forums. He is also part of India’s business taskforces for Australia, Brazil, Canada, China, Japan and Malaysia. He served as the chairman of Nasscom, the apex trade body for IT services firms, in India in 2012-13 and continues to be a member of its governing executive council.

Mr Chandrasekaran has received several awards and recognition in the business community. Recently he was honoured with the ’Business Leader Award’ at the ET Awards for Corporate Excellence 2016. He was also awarded Qimpro Platinum Standard Award 2015 (business) and Business Today’s Best CEO 2015 (IT and ITEs). He was voted the ‘Best CEO’ for the fifth consecutive year by the Institutional Investor’s 2015 Annual All-Asia Executive Team rankings. During 2014, he was voted as one of CNBC TV 18 Indian Business Icons. He was also awarded CNN-IBN Indian of the Year 2014 in the business category. Mr Chandrasekaran was presented with the ’Best CEO for 2014’ award by Business Today for the second consecutive year. He has also received the
Medal of the City of Amsterdam – Frans Banninck Coqc – in recognition of his endeavour to promote trade and economic relations between Amsterdam and India.

Mr Chandrasekaran was conferred with a honorary doctorate by JNTU, Hyderabad, India (2014). He has received an honorary doctorate from Nyenrode Business Universiteit, Netherland’s top private business school (2013). He has also been conferred honorary degrees by many Indian universities such as the Gitam University, Visakhapatnam, Andhra Pradesh (2013); KIIT University, Bhubaneswar, Odisha (2012); and the SRM University, Chennai, Tamil Nadu (2010)

For more information : http://www.tatasteel.com

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