Mumbai, Feb 20: N Chandrasekaran, popularly known as ‘Chandra’, is all set to take over as Chairman of Tata Sons on Tuesday. As per the latest reports, he has reached Bombay House in Mumbai to take up the new responsibility.
As per ANI, Chandrasekaran was quoted as saying that he will do everything that needs to be done to delight people who are proud of the group.
The 54-year-old will be the first non-Parsi chairman of the 150-year old Tata Group. A man known for making India’s largest software exporter TCS what it is today, Chandrasekaran has his task cut out as the new Chairman of Tata Sons — the promoter firm of many of the operating Tata group firms.
Meanwhile, the interim chairman of Tata Sons Ratan Tata has also reached the Bombay House to hand-over the charge to Chandrasekaran.
Last week, Chandrasekaran had described his new assignment as “a very big job” with a large canvas, where there were “challenges and opportunities”. He had hoped that he could “make an impact and make a difference”.
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N Chandrasekaran was born into a middle-class family in Tamil Nadu along with 5 siblings. His father, a lawyer by educations also practised farming. He completed his bachelor’s education from Coimbatore Institute of Technology in Coimbatore, Tamil Nadu. In the year 1986, he completed his masters in Computer application from Regional Engineering College in Trichy, Tamil Nadu. After completing his masters, Chandrasekaran, joined Tata Consultancy Services in 1987. Rising through the ranks, Chandrasekaran became the CEO of TCS on October 6, 2009. He had also earlier served as COO and Executive Director of TCS.
In a dramatic development that took place last October, Cyrus Mistry was sacked as Chairman of Tata Sons and was replaced by Ratan Tata, from whom he had taken over the reins of the over USD 100 billion salt-to-software conglomerate four years ago. The surprise announcement came after the Board of Tata Sons met here and decided to replace 48-year-old Mistry and appoint Ratan Tata, 78, as interim head.