TCS tops the sector in Institutional Investor’s 2018 All Asia Executive Team rankings

PRESS RELEASE

 

TCS tops the sector in Institutional Investor’s 2018 All Asia Executive Team rankings

  • TCS ranked #1 in Corporate Governance and Best CEO
  • Among the Most Honored Companies in Asia for the fourth consecutive year

 

MUMBAI, June 28, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has been ranked number one in the IT Services & Software sector in the 2018 All-Asia Executive Team survey published by Institutional Investor.

In the individual rankings, Rajesh Gopinathan, CEO and Managing Director, was ranked Best CEO (First Place), V Ramakrishnan, CFO, was ranked Best CFO (Second Place) and Kedar Shirali, Global Head – Investor Relations was ranked Best IR Professional (First Place).

At an organizational level, TCS clinched first place in Best Corporate Governance and second place each in Best Investor Relations Program and Best ESG / SRI Metrics.

The high aggregate score resulting from top rankings across all categories positioned TCS as the leader in the IT Services & Software sector across Asia, the number one company in India, and one of the Most Honored Companies in Asia from among 2,638 companies across 18 sectors.

“We are excited and encouraged to be ranked number one in the IT Services & Software sector and among the Most Honored Companies in Asia.  We thank our investment community for their trust and confidence in our corporate governance and investor engagement program,” said Rajesh Gopinathan, CEO and Managing Director, TCS.

This is the latest in a series of recognitions bestowed by various stakeholder groups, in the 50th year of TCS’ establishment. Earlier this year, the company was ranked number one in customer satisfaction in Europe by Whitelane Research; the Top Employer globally by the Top Employer Institute; and among the Top 3 brands in the IT Services industry globally, and the fastest growing brand in the sector, by Brand Finance.

For their 2018 All Asia Executive Team rankings, Institutional Investor polled over 4,500 respondents – consisting of buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region - for nominations for best CEOs, CFOs and IR Professionals at the companies in their coverage universe in each sector across the region (ex-Japan). Additionally, respondents were asked to name and rank four companies in each sector across various attributes considered good Investor Relations attributes.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 394,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

For TCS global news, follow @TCS_News.

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