Tata Investment appoints Rajiv Dube as an additional director

Rajiv Dube is an Indian industry veteran with nearly 36 years of multi-sector experience.

Oct 16, 2020 09:10 IST India Infoline News Service

Tata Investment Corporation Limited informed the exchanges on Thursday that its Board of Directors have approved the appointment of  Mr. Rajiv Dube as an Additional Director, Non-Executive (Independent), of the Company with effect from 15th October, 2020 for a period of 5 years, subject to approval of the shareholders.

Rajiv Dube, 58 years, is an Indian industry veteran with nearly 36 years of multi-sector experience, having served at the senior levels of two Indian conglomerates-TATA & Aditya Birla. An engineer and a post graduate in business management, he began his career on the shop floor of TATA Motors and rose to be President of its car business before joining the Group Board of the Aditya Birla conglomerate as an Executive Director, on which he remained for nearly 9 years. He has served on several other Indian & foreign Boards in various capacities over 21 years and brings deep insights in corporate governance, management and transformation of businesses as varied as auto, metals, mining, power and renewables, cement, trading, textiles, retail and financial services. An avid sustainability champion, he was an alternate Council Member of the World Business Council for Sustainable Development (WBCSD) Geneva and has been active on several industry bodies.

Currently, Dube is an Independent Director on Boards, an Advisory Board Member & Professor of Practice at the Deakin Business School, Melbourne and a Senior Advisor to firms in India & Australia.

Tata Investment Corporation Ltd is currently trading at Rs855.50, up by Rs7.25 or 0.85% from its previous closing of Rs848.25 on the BSE.
The scrip opened at Rs860 and has touched a high and low of Rs860 and Rs855.50 respectively.

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