ADVERTISEMENT

TCS Appoints V Ramakrishnan As New CFO To Take Over From R Gopinathan

Ramakrishnan will replace Rajesh Gopinathan, who will become the new CEO tomorrow.

Employees walk through the Tata Consultancy Services Ltd. (TCS) campus in the State Industries Promotion Corporation of Tamil Nadu Ltd. (SIPCOT) IT Park in the Siruseri area of Chennai, India (Photographer: Dhiraj Singh/Bloomberg)  
Employees walk through the Tata Consultancy Services Ltd. (TCS) campus in the State Industries Promotion Corporation of Tamil Nadu Ltd. (SIPCOT) IT Park in the Siruseri area of Chennai, India (Photographer: Dhiraj Singh/Bloomberg)  

Information technology service provider Tata Consultancy Services Ltd. (TCS) on Monday announced the appointment of V Ramakrishnan as the new chief financial officer of the company, it said in a media statement.

Ramakrishnan will take over from Rajesh Gopinathan who has been elevated to the position of chief executive officer and managing director of TCS from February 21. Gopinathan's elevation was announced when N Chandrasekaran, the former CEO of TCS was chosen to head Tata Sons, the holding company of the salt-to-software conglomerate on January 12.

Also called "Ramki" by his collegueas, Ramakrishnan had joined TCS Finance in 1999 and served as the finance head of the company's North American operations for seven years. Currently, he has been responsible for the "financial controllership" of TCS subsidiaries, global branches, and merger and acquisition initiatives.

Ramakrishnan is a graduate in commerce from Loyola College, Chennai. He is also a member of the Institute of Chartered Accountants of India, Institute of Company Secretaries of India and the Institute of Cost Accountants of India.

TCS chief-designate Gopinathan has worked closely with Ramakrishnan for the last nine years, when the former was serving as the CFO.

Ramki has been a key member of TCS Finance tem for more than 17 years and has worked closely with me over the last 9 years. I am confident that under Ramki’s leadership TCS Finance will continue to extend its leadership position.
Rajesh Gopinathan, CEO-designate, TCS

Ramakrishnan hopes to enhance shareholder value by working in tandem with the new CEO.

As we pivot to lead in a digital world, the role of finance becomes even more strategic and I look forward to working closely with Rajesh and the TCS team in our journey to sustain and enhance stakeholder value.
V Ramakarishnan, CFO-designate, TCS

TCS, in a separate media statement, also announced the CEO-designate Rajesh Gopinathan has been appointed as the managing director on the company’s board.

The chief operating officer N Ganpathy Subramaniam was appointed as an executive director on the board the company, the statement added.