N. Ganapathy Subramaniam to take over as CEO of India's largest IT company
Tata Consultancy Services (TCS), India's largest IT company, has announced that its CEO and Managing Director, Rajesh Gopinathan, will step down four years before the end of his term. Gopinathan, who has been with TCS for over 20 years, will be replaced by N. Ganapathy Subramaniam, who is currently the Chief Operating Officer of the company.
Gopinathan took over as CEO in 2017 and led the company through a period of significant growth and expansion. Under his leadership, TCS became the first Indian company to achieve a market capitalization of $100 billion. Despite the challenges of the Covid-19 pandemic, the company has continued to perform well, with strong revenue growth and a steady stream of new clients.
Subramaniam, who has been with TCS for over 30 years, is seen as a natural choice to succeed Gopinathan. He has held a variety of leadership positions within the company and has been instrumental in driving its growth and success. As CEO, he will be responsible for continuing the company's strong performance and leading it through the next phase of its growth.
The announcement of Gopinathan's departure comes at a time of transition for the Indian IT industry, which is facing increasing competition from companies in other countries, particularly China. However, TCS is well positioned to continue to lead the industry, with a strong reputation for quality and innovation, and a deep pool of talent and expertise.
Overall, the change in leadership at TCS is expected to be a smooth transition, with Subramaniam taking over as CEO with the full support of the company's board and leadership team.
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