By TwoCircles.net Staff Reporter,
Couple of week after ousting Cyrus Mistry as Chairman of Tata Sons, on Thursday Mistry was also removed as chairman of India’s largest software services firm, Tata Consultancy Services (TCS) and replaced with Ishaat Hussain as an interim chairman.
[Photo credit:Mid-Day]
TCS said it has received a letter dated November 9, 2016 from Tata Sons Ltd nominating Hussain as the Chairman of the Board of Directors of the company in place of Mistry with immediate effect.
Following are some of the details of the 69 years old Hussain:
1. Born on September 2, 1947, Ishaat Hussain completed his schooling from The Doon School in 1963 and joined St. Stephens College Delhi to pursue graduation in Economics.
2. He completed degree of Chartered Accountant from England and Wales and also attended the Advanced Management Program at the Harvard Business School.
3. He is associated with the Tata Group since 1983 after Indian Tube was merged with Tata Steel.
4. Hussain joined the Board of Tata Sons as an Executive Director on July 1, 1999.
5. He took over as Finance Director of Tata Sons Ltd. in 2000
6. In November 2006, Hussain was appointed a Public Interest Director of Bombay Stock Exchange Limited.
7. In January 2008, he was appointed a Trustee on the board of India Foundation for the Arts (IFA).
8. Prior to joining Tata Sons, Hussain has worked as the senior vice-president and executive director – finance in Tata Steel for almost 10 years.
9. Besides being on the board of Tata Sons Limited, Hussain is Chairman of air conditioning & engineering arm Voltas Limited and satellite television provider Tata Sky Limited.
10. He is also on the boards of several Tata Companies such as Tata Steel, Tata Industries, Tata Teleservices, Titan Industries Limited.