TCS MD & CEO Rajesh Gopinathan resigns, K Krithivasan takes over


New Delhi: IT services company TCS MD and CEO Rajesh Gopinathan has resigned. The company has appointed K Krithivasan as the new CEO following the resignation of Gopinathan.

Krithivasan is currently the Chairman and Global Head of the Banking, Financial Services and Insurance (BFSI) business group of the company, and brings with him over 34 years of experience in the company. Gopinathan stepped down after a 22-year career with the company, and spent six years as the company’s Managing Director and CEO. He will remain with the company till September. “Mr. Gopinathan will continue to provide transition and support to his successor until September 2023,” TCS said in a statement.

K Krithivasan, appointed CEO with effect from March 16, will undergo a transition phase and will be appointed as CEO in the next financial year. He said, “I have thoroughly enjoyed my exciting 22 years at TCS. It is a pleasure for me to work closely with Chandra, who has always mentored me.”

The last six years of leading this prestigious organization have been the richest and most fulfilling. $10Bn in incremental revenue and over $70Bn in market capitalisation, Gopinathan said in a statement. He said he is having “some thoughts” about what he wants to do next, and has decided that the end of FY23 is a good time to step aside and pursue those interests. I am confident that he along with the leadership team is best positioned to take TCS to greater heights. I will work closely with Kriti to provide her all possible assistance.

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