TCS

K Krithivasan, who has been with Tata Consultancy Services since 1989, will transition into the role of Managing Director and CEO in the coming fiscal year.

[Chennai](https://indianexpress.com/section/cities/chennai/) to [Mumbai](https://indianexpress.com/section/cities/mumbai/): Chennai is one of the biggest centres for TCS in terms of talent. Krithivasan started his career at TCS in [Delhi](https://indianexpress.com/section/cities/delhi/) and later spent some time in Los Angeles before moving to Chennai. He enjoys spending his time with his close friends and family. He has played an integral role in helping customers in banking, financial services, and insurance, with digital transformations, change management cycle acceleration, value delivery, technology strategy, and governance. He holds a Bachelor of Mechanical Engineering degree from the University of Madras. Current role: Krithivasan is the Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS, India’s largest IT company.

Gopinathan reiterated that he had been talking about stepping down with the Tata Sons chairman Chandrasekaran for some time.

India Business News: BENGALURU: TCS's outgoing CEO & MD Rajesh Gopinathan spoke to TOI on everything that went into his decision to step down.

But TCS has always believed in profitable growth, and has always said we are not going to prioritise one over the other. And he (Krithivasan) was leading a third of the business, and the most important vertical, so visibility has been very high.TCS had the Blitz leadership event in Doha in February, where there were discussions in the leadership about getting back to the bellwether status, that TCS missed out on some good deals. The fact that we are underperforming (on revenue) somebody who is double our size (Accenture), and somebody who is half our size (Infosys), is a fairly open conversation for us. But the day you start thinking that you need to think about your future plans, that's the day that you need to vacate the chair and hand it over to somebody else.So what made you start thinking about your future plan? has this famous piece called Managing Oneself, where he said – and he said it decades ago – that we should be prepared to be intellectually active well into our 70s. It was not something that was very planned for yesterday (Thursday).

Rajesh Gopinathan's resignation came as a surprise, given that he was just over a year into his second five-year term as MD and CEO.

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. [Chandra Will Continue to Remain a Mentor and Guide](/epaper/delhicapital/2023/mar/18/satet-front/chandra-will-continue-to-remain-a-mentor-and-guide/articleshow/98742590.cms) The parting with Gopinathan was “amicable” and he’s being generous by offering to stay on for six months for the transition, said one of the persons cited. “Krithivasan’s experience in BFSI should further help grow the segment which is 32.1% of TCS’s revenues.” [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. TCS is however resilient and well placed to handle the situation, said the persons cited above. The company has a well laid out succession plan with a pipeline of internal candidates to fill in for any CXO level exit. Gopinathan’s last day at the company will be September 15. The persons cited above said Gopinathan quit as he wants to pursue other interests, echoing the statement issued on Thursday. This further prompted the group to explore a broader digital strategy across its businesses to replicate the success of TCS. Subramaniam was not appointed CEO because he is retiring next year in May, said another person. This raised concerns about continuity and strategic direction of the software major amid global macroeconomic challenges.

Currently, Krithivasan is the President and Global Head of the Banking, Financial Services, and Insurance Business Group at TCS.

TRENDING He has met some of his closest friends at TCS during his three-and-a-half-decade long career. Over the last 2-3 years, he has been taking an intensive Sanskrit course. He started his career at TCS in Delhi and later spent some time in Los Angeles before moving to Chennai. He has played a pivotal role in helping customers in banking, financial services, and insurance, with digital transformations, change management cycle acceleration, value delivery, technology strategy, and governance. TCS chief Rajesh Gopinathan put in his papers on March 16 after a career spanning over 22 years with Tata Consultancy Services, the country's largest software exporter.

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