Lakshminarayanan will hold the position of MD and CEO designate advising the interim management committee of the company until the necessary regulatory approvals have been received. At this point, the board of Tata Communications will appoint Lakshmi as the MD & CEO of Tata Communications.
“Lakshmi has forged an illustrious career leading some of the biggest businesses for TCS,” said Renuka Ramnath, chairperson, Tata Communications. “During this time, he has also developed a deep understanding of the global technology market and enterprises’ growing digital demands. Tata Communications has proven to be a preferred partner for enterprises looking to make the most of the opportunities that the global digital transformation drive brings. Lakshmi’s experience, exposure to industry best practice, leadership style and focus on action will help accelerate Tata Communications to achieve greater heights.”
He enters the position with more than 35 years of experience across a broad range of leadership roles, around the world. During his tenure at TCS, he successfully managed and developed scalable businesses. His roles in the company included president and CEO of TCS Japan, global head of telecom, media & information services, HiTech and utilities, and head of TCS UK & Europe.
“I am truly excited to join another Tata company,” adds Lakshminarayanan. “Tata Communications’ leadership in India, strong international presence with its talent base, technology capabilities and global network reach puts it in a strong position to help customers with their digital transformation. I look forward to working with our customers and partners to harness the next phase of growth.”
In July, former CEO of Tata Communications, Vinod Kumar was named as CEO of Vodafone Business. Citing 'personal reasons' Kumar handed in his resignation in July and as of 2 September, now reports to Vodafone Group chief executive Nick Read.
