Tata Group Chief Ethics Officer Mukund Rajan Quits

Gold Silver Reports – Tata Group Chief Ethics Officer Mukund Rajan Quits — Tata Sons today said its Chief Ethics Officer Mukund Rajan will leave the group to evaluate entrepreneurial pursuits in the coming months.

“Dr Rajan and Tata Sons have mutually agreed that Dr Rajan will leave the services of Tata Sons on March 31, 2018,” the company said in a statement. On the reasons for his departure, the company said Rajan (49) has “conveyed personal reasons for his decision to leave Tata Sons and has indicated he will be evaluating certain entrepreneurial pursuits in the coming months”.

Rajan, who was former managing director of Tata Teleservices (Maharashtra) Ltd, was appointed as the group spokesperson and brand custodian in February 2013.

His was the first major appointment after Cyrus Mistry, took over as the chairman of the group after Ratan Tata retired on Dec. 28, 2012. He was also a part of the Group Executive Council set up by Mistry.

The GEC, headed by Mistry, was set up in April 2013 with the objective providing strategic and operational support to him. It included NS Rajan from Ernst & Young, Tata brand custodian Mukund Rajan, ex-BSE chief Madhu Kannan, strategist Nirmalya Kumar and Tata veteran Harish Bhat. However, after Mistry’s ouster the GEC was disbanded and Rajan was moved to his new role.

He has been with with Tata Group for two-decades after starting his career as a Tata Administrative Service Officer.

“Tata Sons thanks him for his distinguished services in various leadership roles including in the telecommunication sector, private equity space and branding strategy, as a Tata Administrative Service (TAS) Officer in the Tata Group, over a period of 23 years,” the statement said. – Neal Bhai Reports

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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