Tata Consultancy Services (TCS) appointed Vijay Kelkar, former Finance Secretary to the Indian Government and Ishaat Hussain, Finance Director, Tata Sons to the company’s Board of Directors, effective January 5, 2010.
Kelkar will serve as an independent director.
The company’s board of directors now stands at 12 with 6 independent directors.
Kelkar holds a doctorate in development economics from the University of California at Berkeley and worked in the Government of India in key posts, including as Advisor to Minister of Finance; Finance Secretary; Secretary of Ministry of Petroleum & Natural Gas; and most recently as Chairman, Finance Commission. He also served on several government task forces including as Chairman of Implementation of the Fiscal Responsibility and Budget Management Act. He represented the Government of India on global forums as an Executive Director at the International Monetary Fund; and as Director at United Nations Conference on Trade and Development.
Ishaat Hussain joined the Board of Tata Sons as an Executive Director on July 1, 1999, prior to which, he served as Executive Director, Finance at Tata Steel for almost 10 years. He is also the Chairman of Voltas and Tata Sky and serves on the boards of several Tata group enterprises including Tata Steel, Tata Industries, Tata Teleservices and Titan Industries. He is also a Public Interest Director of Bombay Stock Exchange. |