New Delhi: N Chandrasekaran, chairman designate of Tata Sons and currently the CEO and Managing Director of Tata Consultancy Services, was on Tuesday elected as Chairman of Tata Steel Board.
“The Board of Directors today elected N Chandrasekaran as the Chairman of the Board. Chandrasekaran was appointed as a Member of the Board on January 13, 2017,” Tata Steel said in a statement. On January 17, Tata Motors had appointed Tata group chief designate Chandrasekaran as its Chairman with immediate effect.
Tata Steel Board on November 25 last year had removed ousted Tata Sons chairman Cyrus Mistry as the steel giant’s chairman and appointed independent director O P Bhatt in his place.
Earlier on November 11, Tata Steel had said its board took note of the leadership changes at Tata Sons and had received a special notice from the promoter and principal shareholder to convene an Extraordinary General Meeting (EGM) for removal of Mistry and Nusli Wadia as its directors.
