Just a year into his second 5-year term, Rajesh Gopinathan, Managing Director and Chief Executive Officer of Tata Consultancy Services (TCS) has tendered his resignation effective Sept 15. Tata Consultancy Services (TCS) (TCS.NS) named K. Krithivasan as its CEO designate, effective March 16. He is currently the President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group at TCS.

K. Krithivasan (Krithi) will work with Rajesh Gopinathan on the transfer of TCS’ leadership role until sometime during the next financial year when he is slated to be appointed as permanent managing director and CEO. K. Krithivasan joined TCS in 1989 and has held various leadership roles in the company.

He holds a Bachelor’s Degree in Mechanical Engineering from the University of Madras and a Master’s Degree in industrial and Management Engineering from IIT Kanpur.

Speaking on Rajesh Gopinathan’s exit, Tata Sons boss and TCS Chairman Natarajan Chandrasekaran said: “I have had the pleasure of working with Rajesh for the past 25 years. During this period, Rajesh has always distinguished himself with exemplary performance in various roles, including his former role as the Chief Financial Officer.”

Over the last 6 years, Chandrasekaran said, Rajesh has provided strong leadership as the MD and CEO and has laid the foundation for the next phase of TCS’ growth with significant investments in cloud, agile and automation to help clients accelerate their transformation. “I am deeply appreciative of Rajesh’s enormous contribution to TCS. I wish him the very best for the future,” he added.

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