26 Jul 2023 , 02:13 PM
Tata Motors appoints Rajesh Kannan as President and Chief Digital and Information Officer (CDIO). The appointment will be effective from August 1, 2023, according to the stock regulatory filing on July 25.
Rajesh Kannan has 28 years of experience in delivering transformative digital and IT engagements for global organizations across various sectors, including retail, consumer products, media, advertising, banking, insurance, and financial services.
He holds a B.Tech in Chemical Engineering from Anna University, Chennai, and a Masters in Computer Aided Design in Chemical Engineering from the Indian Institute of Technology, Mumbai.
Rajesh Kannan was previously associated with Tata Consultancy Services Limited (TCS).
In the June quarter, Tata Motors’ revenue from operations surged by 42 %, exceeding Rs 1 lakh crore in line with Street estimates.
The consolidated operating profit (EBITDA) rose over fivefold year-on-year to Rs 13,218 crore, with the operating margin expanding by 700 basis points (bps) to 14.4 % in the June quarter.
The appointment of Rajesh Kannan signals Tata Motors’ commitment to driving digital transformation and leveraging his expertise in the industry. The company’s impressive financial performance highlights its resilience and strong position in the competitive automobile market.
With Rajesh Kannan’s leadership as President and CDIO, Tata Motors is expected to innovate further and grow in the dynamic automotive landscape.
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