Tata Consultancy Services has appointed Ramakrishnan Venkataraman as the Chief Finance Officer of the firm, following the ascension of his predecessor, Rajesh Gopinathan, to Chief Executive Officer. Venkataraman will be charged with consolidating the firm's strong financial position.
Ramakrishnan Venkataraman joined Tata Consultancy Services (TCS) in 1999, serving as the Finance head of TCS North America for 7 years – during which time the firm experienced rapid growth in the region. He since became Vice President at the firm, with roles that include the financial controllership of TCS subsidiaries and branches globally – in addition to being engaged with various M&A integration initiatives.
Venkataraman has taken on the role of CFO at the firm, with responsibility for the finances of the global professional services firm now resting on his shoulders. The firm boasts a roster of more than 378,000 consultants and an annual turnover of $16.5 billion, figures which see former CFO Rajesh Gopinathan rewarded with a promotion to the role of TCS CEO.
Gopinathan said of the appointment of Venkataraman as his successor, “Ramki has been a key member of the TCS Finance team for more than 17 years and has worked closely with me over the last 9 years. I am confident that under Ramki’s leadership TCS Finance will continue to extend its leadership position.”
Venkataraman meanwhile commented on his new role at the firm, “As we pivot to lead in a Digital world, the role of Finance becomes even more strategic. I look forward to working closely with Rajesh and the TCS team in our journey to sustain and enhance stakeholder value."
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