TCS' New CEO K Krithivasan Takes Charge, Setting Strategic Goals

TCS' New CEO K Krithivasan Takes Charge, Setting Strategic Goals

Mumbai : K Krithivasan officially assumed the position of CEO at Tata Consultancy Services (TCS) on June 1, 2023, following the resignation of his predecessor Rajesh Gopinathan earlier this year. Let's review TCS' performance under Gopinathan and explore the strategic direction under the new leadership.

During Gopinathan's six-year tenure, TCS experienced significant growth. According to Zee Business Research, the company's income rose by approximately 60 percent. In March 2017, TCS' income was $17.5 billion, which surged to $27.9 billion by March 2023. Moreover, the company's market capitalization doubled from $100 billion to $200 billion between April 2018 and September 2021.

Under the leadership of K Krithivasan, TCS has outlined strategic plans and focus areas. The company will continue investing in cutting-edge technologies such as cloud computing, cybersecurity, 5G, the Internet of Things (IoT), and generative artificial intelligence (AI). TCS aims to achieve a target income of $50 billion by 2030.

Krithivasan brings an extensive 34 years of experience within TCS, making him only the fifth CEO in the company's 55-year history. Notably, he has worked closely with Rajesh Gopinathan for the past two decades. Prior to assuming the CEO role, Krithivasan served as the President and Global Head of the BFSI (Banking, Financial Services, and Insurance) vertical. Throughout his career, he has gained expertise in delivery management, relationship management, large-programme management, and sales.

Krithivasan holds a bachelor's degree in mechanical engineering from Coimbatore Institute of Technology and a master's degree in industrial and management engineering from IIT Kanpur. With his wealth of experience and a clear strategic vision, TCS looks toward a future of continued growth and innovation under his leadership.

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