TCS Managing Director (MD) & Chief Executive Officer (CEO) Rajesh Gopinathan has tendered his resignation, the IT services company informed in a statement.
K Krithivasan has been appointed the new CEO designate of the IT behemoth, it added.
Krithivasan is currently the company's President and Global Head of the Banking, Financial Services, and Insurance (BFSI) Business Group, and is a veteran of over 34 years at the company, since 1989. TCS noted that during his long tenure at the company, he has held various leadership roles in delivery, customer relationship management, large program.
Meanwhile, Gopinathan is moving out after a 22-year career with TCS, of which he was MD & CEO for six years. He will stay on with the company till September, 2023.