Tata Power appoints Natarajan Chandrasekaran as Chairman

New Delhi [India], Feb. 10 : Tata Power, India's largest integrated power company, announced the appointment of Natarajan Chandrasekaran as the Chairman and Additional Director of the company, effective, February 11, 2017.

Chandrasekaran is the Chairman designate of Tata Sons Limited and currently the CEO and Managing Director of Tata Consultancy Services, a leading global IT solutions and consulting firm.

"I am honoured to be appointed as the Chairman of the Board of this historic organisation which has been serving the nation for the past 100 years with dedication.

It will be my endeavor to help the management team fulfil Tata Power's commitment to light up the lives of our future generations," said Chandrasekaran.

The appointment of Chandrasekaran was passed at a Tata Power board meeting held on Friday in Mumbai. Chandrasekaran is currently the Chairman of Tata Steel Limited and Tata Motors Limited. He is also director of The Indian Hotels Company Limited and the Reserve Bank of India Chandrasekaran joined TCS in 1987 after completing his master's in computer applications from Regional Engineering College, Trichy, Tamil Nadu, India.

Under his leadership, TCS has become the largest private sector employer in India with the highest retention rate in a globally competitive industry.

TCS remains the most valuable company in India with a market capitalisation of over USD 70 billion. Under Chandrasekaran's leadership, TCS was rated as the world's most powerful brand in IT services in 2015 and recognised as a Global Top Employer by the Top Employers Institute across 24 countries.

A technopreneur known for his ability to make big bets on new technology, Chandrasekaran has been driving TCS's strong positioning in the emerging digital economy with a suite of innovative digital products and platforms for enterprises, some of which have since scaled into sizeable new businesses.

He has been playing an active role in the Indo-US and India-UK CEO Forums. He is also part of India's business taskforces for Australia, Brazil, Canada, China, Japan and Malaysia.

He served as the Chairman of Nasscom, the apex trade body for IT services firms, in India in 2012-13 and continues to be a member of its governing executive council.

Source: ANI