Tata Steel reorganised its leadership structure and announced a series of executive appointments. The Board of Tata Steel has appointed T V Narendran as MD – designate, India and South East Asia and has inducted him as an additional director on the Board. He succeeds H M Nerurkar, the current MD Tata Steel India and South East Asia, who will be stepping down from the Board on his superannuation this October. Narendran is currently VP – Safety and Flat Products, Tata Steel. He joined the company after completing his MBA from IIM Calcutta in 1988.
The board has also appointed Koushik Chatterjee, currently the ED and Group CFO, as the group executive director – Finance and Corporate. In addition to maintaining responsibility for the company’s finance function, Chatterjee will be responsible for the Tata Steel Group Corporate functions including Legal and Regulatory Affairs, Corporate Communications, Strategic Procurement, Information Systems, Group Investments, Global Mining Projects and Assurance.
Dr Karl Koehler MD & CEO Tata Steel Europe, Narendran and Chatterjee will report to the chairman and the Board of Tata Steel.
The new leadership team will be responsible for defining the overall direction and strategy for Tata Steel across both its emerging and developed markets.