Monday, March 27, 2023

TATA CONSULTANCY SERVICES AND ITS CHANGE IN LEADERSHIP

 About Tata Consultancy Services:

TCS is an Indian multinational information technology offerings and consulting business enterprise with headquarters in Mumbai. Tata Consultancy Service Limited was established in 1968 by, J.R.D.Tata and Faquir Chand Kohli. In 1968, the company commenced as tata computer systems, and in 1975, the company brought electronic depository and trading systems. In 2004, TCS became the first Indian IT service provider company.

Tata Consultancy Service Industries:

TCS had got a massive portfolio 

a.Financial segments: accounting, banking, capital market, and insurance

b.Management segments: HR, payroll, retail management, and portfolio management.

c.Business Intelligence area: enterprise resource planning, analytics, internet of things machine learning, and commercial enterprise automation.

d.Medical area: pharmaceuticals and clinical trials management

e.IT area: networking, managed offerings, development, and outsourced IT with TCS Business Process Services.

Change In Leadership:

After a stellar career of over a period of 22 years with Tata Consultancy Services and a successful stint as a Managing Director and CEO during the last 6 years, TCS announced that Mr.Rajesh Gopinath is stepping down from the company to pursue his different interests. Mr.Rajesh Gopinath became the Chief Executive in 2017.

Rajesh Gopinath has played an enormous role in helping TCS become a USD 22 billion global company. With over 446,000 consultants, TCS is one of the largest and most important private sector employers globally.

The Board has nominated K.Krithivasan as the CEO designate with effect from 16th march 2023. Krithivasan will undergo a transition with Rajesh Gopinathan, who will give K.Krithivasan all sorts of guidance to have a  and will be appointed as the Managing Director and CEO in the next financial year. K.Krithivasan is currently the President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at Tata Consultancy Services.


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