N Chandrasekaran was appointed as a new Tata Group Chairman last Tuesday making him a first non-Parsi to head the group. He was already considered to be a Ratan Tata favorite as he already spoken highly of Chandrasekaran’s capabilities.
As Tata declared to the media , “The job is complex but I am sure he will take the group to new heights while protecting the group’s values and ethics at all times.”
Chandrasekaran joined TCS in 1987 after completing his MCA and rose through the ranks to be TCS CEO in 2009. Though not academically very brilliant, he is said to be a highly dependent and a very hard working person.
Under tenure as a TCS chief, the company became the largest private sector employer in India with over 353,000 employees and also generated a huge revenue of US $16.5 billion in 2015-16.
As per Wikipedia, “He was voted as the ‘Best CEO’ for the fifth consecutive year by the Institutional Investor’s 2015 Annual All-Asia Executive Team rankings. During 2014, he was voted as one of CNBC TV 18 – ‘Indian Business Icons’. He was also awarded CNN- IBN Indian of the Year 2014 in business category. Chandra was presented with the “Best CEO for 2014” by Business Today for the second consecutive year. He has also received the Medal of the City of Amsterdam – Frans Banninck Coqc – in recognition of his endeavor to promote trade and economic relations between Amsterdam and India. He was awarded Qimpro Platinum Standard Award 2015 (Business) and Business Today’s Best CEO 2015 (IT & ITEs).”
With this appointment we can definitely say that TATA Group has come a full circle.