Natarajan Chandrasekaran named new chairman of $103-bn Tata Sons

Mumbai, Jan 12 (IANS) Natarajan Chandrasekaran, 53, who has spent some 30 years in the Tata group, will be the new Executive Chairman of Tata Sons — the first non-Parsi to head the $103-billion global empire with a 148-year history, it was announced on Thursday.

“Chandrasekaran has demonstrated exemplary leadership as the Chief Executive Officer and Managing Director of Tata Consultancy Services,” said a statement from Tata Sons, adding that he will take over the holding company’s reins on February 21.

“We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead,” the statement added.

–IANS

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