TCS CEO Rajesh Gopinathan Resigns: On Thursday, Tata Consultancy Services declared the resignation of its CEO and managing director Rajesh Gopinathan, and introduced K Krithivasan as the new CEO designate at the company. Krithivasan currently serves as the president and global head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS. He has been involved in the global technology sector for more than 34 years and joined TCS in 1989. Throughout his long period of employment at TCS, he has held different leadership positions in delivery, customer relationship management, large program management, and sales.
Tata Consultancy Services announced on Thursday that Rajesh Gopinathan, who had served as Managing Director and CEO for six years and had an illustrious career of 22 years at the company, had decided to resign to pursue other duties. The company has designated K Krithivasan, who is currently President and Global Head of the BFSI Business Group, as the new CEO effective immediately. The board of directors nominated Krithivasan for the role, and he will work with Gopinathan to ensure a smooth transition. Krithivasan will officially take on the role of Managing Director and CEO in the next financial year. TCS’s stock closed at Rs 3184.75, down 0.44% from the previous day, and has a market cap of Rs 11,65,316.39 crore.
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Who is K Krithivasan, CEO-designate of TCS?
K Krithivasan, who became the new CEO designate at Tata Consultancy Services, has been with the company since 1989 and has held various leadership roles in delivery, relationship management, large program management, and sales, according to the company’s statement. Prior to his appointment, Krithivasan was the President and Global Head of TCS’s Banking, Financial Services, and Insurance Business Unit.
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The company’s website describes him as responsible for planning and executing growth strategies, improving financial performance, and increasing customer mindshare and market positioning in this role. The company added that he has assisted key clients with digital transformation, change management cycle acceleration, achieving value beyond cost optimization, and establishing IT program governance. Krithivasan earned a Bachelor of Mechanical Engineering degree from the University of Madras and a Master of Industrial and Management Engineering degree from IIT Kanpur.
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