Samir Seksaria Takes Over as CFO of TCS Effective May 1
After an Illustrious Career of Over 40 Years V Ramakrishnan Retires from His Role as CFO of Tata Consultancy Services
MUMBAI, April 30, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced that Samir Seksaria will take over as the company’s Chief Financial Officer on May 1, 2021. He replaces V Ramakrishnan (`Ramki’) who will be retiring from the services of the company effective today i.e. April 30, 2021.
The Board of Directors, at its meeting held on April 12, 2021, had appointed Samir Seksaria as Chief Financial Officer. He started his career in TCS in 1999 and spent his early years in consulting assignments involving regulatory compliance and M&A spin-offs, amongst others. He moved to Corporate Finance in 2004 and played a critical role in the company’s IPO. Prior to being appointed as CFO, he was heading the financial analytics, planning and business finance functions.
“I am pleased to welcome Samir in his new role. During the past two decades, Samir has played an exemplary role in the company’s financial transformation journey involving simplification, cash management, planning and forecasting, and contract structuring,” said Rajesh Gopinathan, CEO & MD, TCS. “We thank Ramki for his invaluable contributions to the organization, and wish him well for the future.”
“I am truly honored to be offered the role of Chief Financial Officer. I am thankful to the Board and the management for giving me this position of responsibility. I look forward to working closely with our clients, partners, business units and associates towards creating value for all our stakeholders as TCS powers ahead in its journey of transformative growth,” said Samir Seksaria.
About Tata Consultancy Services (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 over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. 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 488,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, 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 MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com and follow TCS news at @TCS_News.
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