Rajesh Gopinathan Resignation: Rajesh Gopinathan resigns as CEO and MD of TCS, K Krithivasan appointed CEO designate

Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), has resigned “to pursue other interests”. Announcing the leadership change, the company said that Gopinathan is stepping down after a stint of over 22 years with TCS.

“We wish to inform you that Mr Rajesh Gopinathan (DIN: 06365813), Chief Executive Officer and Managing Director of Tata Consultancy Services Limited (“the Company”) has tendered his resignation, which will be
effective from the close of business hours on September 15, 2023,” TCS said in an exchange filing.

The IT major informed that K Krithivasan, President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS, has been appointed as the CEO designate, effective March 16, 2023.

“He shall take over as the Chief Executive Officer and Managing Director of the Company in the next financial year, subject to shareholder’s approval, effective date of which would be intimated in due course,” it added.

“Over the last 6 years, Rajesh has provided strong leadership as the MD & CEO and has laid the foundation for the next phase of TCS’ growth with significant investments in cloud, agile and automation to help clients accelerate their transformation. I am deeply appreciative of Rajesh’s enormous contribution to TCS. I wish him the very best for the future,” said N Chandrasekaran, Chairman, TCS.

On his departure, Gopinathan said that he thoroughly enjoyed his 22-year tenure at TCS. “It has been a pleasure working closely with Chandra, who has mentored me through this entire period. The last six years of leading this iconic organization have been most enriching and fulfilling, adding over $10Bn in incremental revenues and over $70Bn increase in market capitalization.”

“Having worked with Krithi over the last two decades, I am confident that he is best positioned to take TCS to greater heights along with the leadership team. I will be working closely with Krithi to give him all the support that he needs,” he added.

Krithivasan joined TCS in 1989, the company said, adding that “during his long tenure, he has held various leadership roles in delivery, customer relationship management, large program management and sales”.

Krithivasan is a member of the Board of Directors of TCS Iberoamerica, TCS Ireland and the supervisory board of TCS Technology Solutions AG.

He holds a Bachelor’s Degree in Mechanical Engineering from the University of Madras and a Master’s Degree in Industrial and Management Engineering from IIT Kanpur.

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