The newly appointed Chairman of Tata Sons, Natarajan Chandrasekaran speaks with the media at the company’s head office in Mumbai after he conducted his first board meeting as the head of the business giant Tata conglomerate on Tuesday. Tata Sons is the integral investment holding company for more than 100 Tata operating companies.
“In my new role, I will focus on three strategic priorities: bring the group closer together to leverage its enormous collective strength; reinforce a leader’s mindset among the operating companies and drive world-class operating performances across the group; bring greater rigour to our capital allocation policies and deliver superior returns to our shareholders. I look forward to working with my colleagues, the management teams and the Boards of the companies towards achieving these goals,”
Chandrasekaran said, ahead of the meeting as per Indian Express reports.
Former chairperson of Tata Sons Ratan N Tata said he welcomed Chandra, adding that as TCS chief he displayed his leadership skills.
“I am sure he will bring considerable value to his leadership role in the Tata group in the years ahead,”
As Chandrasekaran’s chairs his first board meeting he said,
“It is an honour to lead the Tata group as we near our 150th anniversary. The Tata group occupies a unique place in the hearts and minds of millions of Indians and also has established an important presence around the world,”.