Tata Consultancy Services (TCS) appoints Samir Seksaria as new CFO

Indian IT services provider Tata Consultancy Services (TCS) said that Samir Seksaria has taken over as the company’s new Chief Financial Officer.

Samir Seksaria has replaced V Ramakrishnan, who has retired from the services of the company.

Rajesh Gopinathan – CEO and MD of TCS said: “I am pleased to welcome Samir in his new role. During the past two decades, Samir has played an exemplary role in the company’s financial transformation journey involving simplification, cash management, planning and forecasting, and contract structuring.”

Having been with TCS since 1999, Samir Seksaria was engaged in consulting assignments in the early years, which involved regulatory compliance and mergers and acquisitions, spin-offs, and other activities.

Samir Seksaria is the new TCS CFO. Photo courtesy of Tata Consultancy Services Limited.

In 2004, he shifted to corporate finance in 2004 where he is said to have played a key role in TCS’ IPO. Before his appointment as TCS CFO, Samir Seksaria was leading the financial analytics, planning, and business finance functions.

Samir Seksaria said: “I am truly honored to be offered the role of Chief Financial Officer. I am thankful to the Board and the management for giving me this position of responsibility.

“I look forward to working closely with our clients, partners, business units and associates towards creating value for all our stakeholders as TCS powers ahead in its journey of transformative growth.”

Last month, TCS reported a net income of $1.26 billion (INR92.4 billion) for the fourth quarter of the fiscal year 2021 (Q4 FY2021), an increase of 15.6% compared to $1.09 billion made in Q4 FY2020. Check here for the TCS Q4 FY2021 results.