Rajesh Gopinathan, the CEO of Tata Consultancy Services (TCS) for the past six years, will be stepping down from his position, and K Krithivasan will take over as the new Chief Executive and Managing Director on June 1.
Nurani Subramanian Vishwanathan, a former Central Banker, has been appointed as an Additional Independent Director at Axis Bank Limited.
L. Viswanathan and Akash Kagliwal have been appointed as Additional Non-Executive Independent Directors at Indo Count Industries Limited for a two-year term starting from May 30, 2023.
Housing Development Finance Corp. Ltd. (HDFC) CEO, Keki Mistry, will step down from his position as the non-executive director of HDFC Asset Management Co.
Prudential, the insurance giant, has announced the resignation of its chief financial officer, James Turner, following an investigation into a code of conduct violation related to a recent recruitment process.
D.K. Himatsingka is reappointed as Executive Chairman, starting from 1st June 2023 for a tenure of five years.D.K. Himatsingka is the founder of HimatsingkaSeide Ltd and he is the Executive Chairman and director of the company since 1985.
Krishna Kumar has been appointed as the new Company Secretary and Compliance Officer of BGR Energy Systems Ltd on 30th May 2023.
Pradeep Narendra Poddar ceases to be an Independent Director at Uflex Board with effect from the close of business hours on 29th May, 2023.
In a recent statement, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, raised alarm over governance lapses observed in certain private banks, citing the possibility of increased volatility within the sector.