New Delhi: Bringing an end to all speculations, Ishaat Hussain is all set to replace Cyrus Mistry as Tata Consultancy Services (TCS) chairman.
“Hussain shall hold office as Chairman of the company until a new chairman is appointed in his place,” the company said in a regulatory filing.
Hussain has been a part of the Tata Sons since 1999, when he joined as an Executive Director on July 1. He was also the Finance Director of Tata Sons Ltd since July 28, 2000.
Ishaat Hussain is also the Chairman of Voltas Limited and Tata Sky Limited. He also enjoys being on the boards of Tata Industries, Tata Steel, Tata Teleservices and Titan Industries Limited.
TCS said that a letter was received by it from Tata Sons about the declaration of Ishaat Hussain being selected as the Chairman of the Board of Directors in place of Cyrus Mistry.