Ishaat Hussain - Interim chairman of TCS
Q. Who has been appointed interim chairman of the TATA Group?- Published on 11 Nov 16a. Ishaat Hussain
b. Ratan Tata
c. Cyrus Mistry
d. None of the above
ANSWER: Ishaat Hussain
TATA Sons Ltd on
9th Nov 2016 announced the appointment of Ishaat Hussain as Chairman of IT giant, TCS with immediate effect.
- He will hold the position till the name of the new chairman is announced.
- Announcement was delivered to the company TCS through the letter dated 9th Nov 2016 from TATA Sons Ltd.
- Hussain succeeds Cyrus Mistry who was ousted from the position on 23rd Oct 2016 by the board of TATA Sons Ltd.
- Ratan Tata has been chosen as the Interim Chairman of the group till another suitable candidate was chosen.
- He is a member of the board of Tata Sons and director of several TATA Companies such as TATA Industries, TATA Steel and Voltas.
- He is also a member of the SEBI committees on insider trading and primary capital markets.
- He is also a member of the CII Finance Committee.
- Prior to TATA Sons, Hussain has served as the senior Vice President and Executive Director of finance at TATA Steel for 10 years.
- He joined the board of the Indian Tube Company (a TATA Steel Associate company) in 1981 and moved to TATA Steel in 1983 after the merger of both companies.
