Tata Steel re-appoints TV Narendran as MD & CEO for five years

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Tata Steel has reappointed TV Narendran as Chief Executive Officer and Managing Director for a period of five years from September 19, 2023 to September 18, 2028. The decision was taken on the basis of the recommendation of the 'Nomination and Remuneration Committee'.

An Overview of the News

• TV Narendran has an impressive career span of 34 years in the mining and metals industry and has held various key positions in Tata Steel.

• He has been a member of the board of Tata Steel Limited and has served as the chairman of both Tata Steel Europe and Tata Steel Long Products Limited.

• In addition to his role as CEO and MD of Tata Steel, Narendran holds important chairmanship positions in other subsidiaries and associates of Tata Steel.

• He serves as the Chairman of the Supervisory Board of Tata Steel Europe, Tata Steel Netherlands BV, Tata Steel Long Products Limited and Neelachal Ispat Nigam Limited.

• Apart from his corporate achievements, Narendran is actively involved in the field of education and serves as the Chairman of the Board of Governors of XLRI Jamshedpur.

Tata Steel Limited:

• It is an Indian multinational steel making company headquartered in Mumbai, Maharashtra.

• The main operational base of the company is located in Jamshedpur, Jharkhand.

• As a proud member of the renowned Tata Group, Tata Steel has been recognized as one of India's Best Workplaces in Manufacturing in 2022 by Great Place to Work for the fifth time in a row.

• Tata Steel's business is spread across 26 countries, including significant operations in India, the Netherlands and the United Kingdom.

• The iconic Tata Group, which includes Tata Steel, was founded by Jamsetji Tata.