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Samir Seksaria Takes Over as CFO of TCS Effective May 1
Posted On : 2021-04-30 17:20:20( TIMEZONE : IST )
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced that Samir Seksaria will take over as the company's Chief Financial Officer on May 1, 2021. He replaces V Ramakrishnan ('Ramki') who will be retiring from the services of the company effective today i.e. April 30, 2021.
The Board of Directors, at its meeting held on April 12, 2021, had appointed Samir Seksaria as Chief Financial Officer. He started his career in TCS in 1999 and spent his early years in consulting assignments involving regulatory compliance and M&A spin-offs, amongst others. He moved to Corporate Finance in 2004 and played a critical role in the company's IPO. Prior to being appointed as CFO, he was heading the financial analytics, planning and business finance functions.
"I am pleased to welcome Samir in his new role. During the past two decades, Samir has played an exemplary role in the company's financial transformation journey involving simplification, cash management, planning and forecasting, and contract structuring," said Rajesh Gopinathan, CEO & MD, TCS. "We thank Ramki for his invaluable contributions to the organization, and wish him well for the future."
"I am truly honored to be offered the role of Chief Financial Officer. I am thankful to the Board and the management for giving me this position of responsibility. I look forward to working closely with our clients, partners, business units and associates towards creating value for all our stakeholders as TCS powers ahead in its journey of transformative growth," said Samir Seksaria.
Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3038.4 as compared to the previous close of Rs. 3113.2. The total number of shares traded during the day was 69616 in over 7653 trades.
The stock hit an intraday high of Rs. 3132.7 and intraday low of 3021. The net turnover during the day was Rs. 213992371.
