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N Chandrasekaran appointed additional director on Tata Steel board

Tata Steel on Friday announced the appointment of N Chandrasekaran as an Additional Director of the company with immediate effect.

“Nomination and Remuneration Committee met on January 13, 2017 and unanimously recommended the induction of N Chandrasekaran as a member of the board,” Tata Steel said in a filing to BSE.

“Based on the above recommendation, the Board of Directors of the company unanimously approved the appointment of N Chandrasekaran as an additional director of the company with immediate effect,” the filing said.

Over two months after the unceremonious sacking of Cyrus Mistry, USD 103-billion Tata Group had yesterday named TCS chief N Chandrasekaran as the new Executive Chairman of Tata Sons that saw a lot of bad blood recently in the country’s most bitter boardroom battle.

Popularly known as ‘Chandra’, the 54-year-old will take charge at the helm of Tata Sons, the main holding company of the salt-to-software conglomerate from February 21.

He was appointed as a director on the board of Tata Sons on October 25, 2016.

Chandrasekaran joined TCS in 1987 after completing his master’s in computer applications from Regional Engineering College, Trichy, Tamil Nadu.

Source: dnaindia.com