K Krithivasan appointed new MD, CEO TCS as Rajesh Gopinathan steps down | Company news

New Delhi: IT major TCS CEO Rajesh Gopinathan has taken the reigns and the company has named K Krithivasan, global head of its BFSI unit, as the CEO designation, the firm said on Thursday. Gopinathan will continue with the company until September 15, 2023, transitioning and supporting his successor.

“After a distinguished career of over 22 years with Tata Consultancy Services (TCS) and a successful stint as Managing Director and CEO for the last 6 years, Rajesh Gopinathan has decided to leave the company to pursue his other interests,” the company said. stated in the statement. TCS has appointed K Krithivasan, its current president and global head of its banking, financial services and insurance (BFSI) business group, as CEO.

“The board has recommended Krithivasan as CEO with effect from March 16, 2023. Krithivasan will replace Rajesh Gopinathan and will be appointed as managing director and CEO for the next financial year,” the statement said.

Rajesh Gopinathan, MD & CEO, TCS; “I have enjoyed my 22 years at TCS. It has been a pleasure working closely with Chandra, who has mentored me throughout. The past six years at the helm of this amazing organization have been extremely enriching and fulfilling, with over $10 billion in incremental revenues and over $70 billion in market capitalization. He added: “I’ve been brainstorming a few ideas about what I want to do for the next phase of my life. After much thought and discussion with the Chairman and the Board, we have decided that the end of this financial year is an appropriate time for me to pursue these interests. Having worked with Kriti for the past two decades, I am confident that she, along with the leadership team, is best positioned to take TCS to greater heights. I will work closely with Kriti to provide her with all the support she needs.”

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