TCS ‘won’t make any changes’, focuses on principles: CEO appointed Krithivasan

K Krithivasan has been appointed as the new Chief Executive Officer (CEO) of the company Tata Consulting Services (TCS) moving from Chennai to Mumbai appears to be a bigger challenge than taking the helm of the $25.7 billion IT services company.

Krithivasan, 58, is perhaps the oldest to join as CEO of the country’s largest IT services company. When N Chandrasekaran, who is now Chairman of Tata Sons, took over the leadership of TCS, he was 46 years old. Rajesh Gopinathan, the company’s outgoing chief executive, was 46 when he took up that role. The retirement age in TCS He is 65 years old.

In his first interaction with the media, Krithivasan, outlined his plans for the new role. “Our core set of beliefs and values, that is, focus on employees and customers, is the most important engine driving our growth. We will not make any changes, we will continue our focus on the core principles and adjust them as we go along,” Krithivasan said of his priorities.

“I don’t think there is any insurmountable challenge ahead, there are many opportunities and how to take advantage of them and look for them is the task before us, and to make TCS grow,” he said in Mumbai.

“Just because there is macro uncertainty doesn’t mean the client is done with digital transformation and they have to stop… if there is more need to continue and maybe in a quarter or two there will be disruptions, growth has to come back and we will take advantage of all the digital tools we have,” said Krithivasan, who runs the bank. , insurance and financial services business group (BFSI) in TCS.

Asked if there will be any internal changes when he takes over as CEO, he said: “We’re going to look at all the plans and how we’re going to handle that. TCS has always been built on a continuous evolutionary approach. We will do everything we can to reorganize.”

In an unexpected announcement, TCS announced Thursday night that Gopinathan, CEO and MD, has resigned. He will be with the company through September and will ensure a smooth transition.