Mumbai– The Indian Hotels Company Ltd, a Tata Group firm, on Thursday said Tata Sons Executive Chairman N. Chandrasekaran has been elected as Chairman of its Board of Directors with effect from Wednesday.
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“N. Chandrasekaran has been elected as the Chairman of the Board of Directors of the Company with effect from February 22, 2017 vide a written resolution of the Board. Chandrasekaran was initially appointed as member of the board on January 27, 2017,” the company said in a BSE filing.
On February 21, Chandrasekaran, 53, who has spent some 30 years in the Tata Group, joined as the new Executive Chairman of Tata Sons — the first non-Parsi to head the $103-billion global empire with a 148-year history.
He succeeds Cyrus Mistry, who was removed as Tata Sons Chairman on October 24 and Ratan Tata was named the Interim Chairman. (IANS)