Edition:
India

Tata Steel Ltd (TISC.NS)

TISC.NS on National Stock Exchange of India

711.05INR
22 Nov 2017
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Summary

Name Age Since Current Position

Natarajan Chandrasekaran

54 2017 Non-Executive Chairman of the Board

Ratan Tata

79 2017 Chairman Emeritus

Thachat Narendran

52 2017 Chief Executive Officer, Managing Director, Executive Director

Koushik Chatterjee

49 2017 Chief Financial Officer, Executive Director

Anita Kalyani

2017 Interim Company Secretary

Saurabh Agrawal

2017 Additional Non-Executive Director

Om Bhatt

66 2017 Non-Executive Independent Director

Peter Blauwhoff

63 2017 Non-Executive Independent Director

Deepak Kapoor

58 2017 Additional Non-Executive Independent Director

Dinesh Mehrotra

64 2012 Non-Executive Independent Director

Aman Mehta

71 2017 Additional Non-Executive Independent Director

Mallika Srinivasan

57 2012 Non-Executive Independent Director

Kiran Kanchinadham

2017 IR Contact Officer

Biographies

Name Description

Natarajan Chandrasekaran

Mr. Natarajan Chandrasekaran is Non-Executive Chairman of the Board of the Company. He was appointed as a Member of the Board effective January 13, 2017 and as Chairman of the Board effective February 7, 2017. Mr. Chandrasekaran is the Chairman of Tata Sons Limited and the former Chief Executive Officer and Managing Director of Tata Consultancy Services Limited (TCS), a leading global IT solution and consulting firm, a position he has held since 2009. Mr. Chandrasekaran joined TCS in 1987 after completing his Master’s in Computer Applications from Regional Engineering College, Trichy, Tamil Nadu, India. He has been on the Board of India’s Central Bank, the Reserve Bank of India since 2016. He has served as the Chairperson of IT Industry Governors at the World Economic Forum, Davos, in 2015-16. He has been playing an active role in the Indo-US and India-UK CEO Forums. He is also part of India’s business taskforces for Australia, Brazil, Canada, China, Japan and Malaysia. He served as the Chairman of Nasscom, the apex trade body for IT services firms, in India in 2012-13 and continues to be a Member of its Governing Executive Council. Mr. Chandrasekaran has received several awards and recognitions in the business community. Recently, he was honoured with the ’Business Leader Award’ at the ET Awards for Corporate Excellence 2016. He was also awarded Qimpro Platinum Standard Award 2015 (Business) and Business Today’s Best CEO 2015 (IT and ITEs). He was voted the ‘Best CEO’ for the fifth consecutive year by the Institutional Investor’s 2015 Annual All-Asia Executive Team rankings. During 2014, he was voted as one of CNBC TV 18 Indian Business Icons. He was also awarded CNN-IBN Indian of the Year 2014 in the business category. Mr. Chandrasekaran was presented with the ’Best CEO for 2014’ award by Business Today for the second consecutive year.

Ratan Tata

Mr. Ratan Naval Tata is Chairman Emeritus of Tata Steel Limited. He had joined the Company as a Director in 1977 and was appointed Chairman of the Board in April 1993. He is currently Chairman of Tata Sons Limited, the Promoter of Tata Steel Limited. He is also the Chairman of other Tata companies including Tata Motors Limited, Tata Power Limited and Tata Chemicals Limited. It is under his leadership that the Company has scaled new heights and established a presence as one of the steel conglomerates in the world. Mr. Ratan Tata received a Bachelor’s degree in Science field in architecture, with specialisation in structural engineering, from Cornell University in 1962. He completed the Advanced Management Programme at Harvard Business School in 1975. Mr. Ratan Tata is on the Board of a number of companies, as also Government bodies and non-profit organisations, in India and overseas. The Government of India honoured Mr. Ratan Tata with its second highest civilian award, the Padma Vibhushan, in 2008. He has also been conferred honorary degrees by several prestigious Indian and international universities.

Thachat Narendran

Mr. Thachat Viswanath Narendran serves as Chief Executive Officer, Managing Director, Executive Director of the Company. He was Managing Director - India and South East Asia, Executive Director of Tata Steel Limited. Mr. Narendran worked in the International Trading Division of Tata Steel from 1988 to 1997 wherein he spent five years in Dubai looking after Tata Steels' exports to the Middle East. From 1997 to 2001 he spent time in Tata Steels' marketing and sales division and was involved in market development work for the Cold Rolling Mill Project, Supply Chain Management, Sales Planning etc. From 2001 to 2003 he was the Chief of Marketing & Sales (Long Products) and played a key role in building the 'Tata Tiscon' brand and the distribution network for the same. From 2003 to 2005 he worked with Mr. Muthuraman, the then Managing Director of Tata Steel as his Principal Executive Officer. He was actively involved in the Tata Steel's first overseas acquisition, NatSteel and was seconded there as an Executive Vice President in 2005. He ran operations in NatSteel thereafter as the Deputy President (Operations) and took over as the President & CEO on 1st January 2008. He played a key role in the integration of NatSteel and Tata Steel.

Koushik Chatterjee

Mr. Koushik Chatterjee is re-designated as Chief Financial Officer, Executive Director of the Company effective November 9th, 2017. He is currently serves as Group Executive Director - Finance and Corporate of the company. He was inducted as a Whole-time Director of the Company effective November 9, 2012. Mr. Chatterjee is responsible for all corporate functions such as Finance, Legal, Secretarial, Communications and Regulatory Affairs among others. He is also the Company’s Executive Director in charge for the Tata Steel operations in Europe. Mr. Chatterjee joined the Company in 1995. During his stint in the Company, he worked in the areas of Corporate Finance and Planning. Mr. Chatterjee also worked in the Group Executive Office at Tata Sons Limited and became General Manager-Corporate Finance in 2002. Mr. Chatterjee re-joined the Company on August 1, 2003 and was appointed the Vice President (Finance) effective August 1, 2004. During his tenure, Mr. Chatterjee led the first overseas acquisition of the Company - NatSteel Asia which has 2 MnTPA finishing facilities in 7 countries in South East Asia. He subsequently led the acquisition of a 1.7MnTPA Millennium Steel (now Tata Steel Thailand) in Thailand. In 2006-07, he played a critical role in the acquisition of Corus Group plc for USD 13.7 billion, leading the country’s largest capital raising process for the acquisition. Mr. Chatterjee is a frequent speaker in various academic, professional and policy forums in India and abroad including the McKinsey Global CFO Forum 2008, Economist Conferences, G20 Summit, London Business School, Oxford University, International Integrated Reporting Council and CII. He is a member of the Primary Market Advisory Committee on Capital Markets of SEBI and was a member of the Takeover Regulations Advisory Committee of SEBI, which drafted the new Takeover Code.

Anita Kalyani

Saurabh Agrawal

Om Bhatt

Mr. Om Prakash Bhatt is Non-Executive Independent Director of Tata Steel Limited. Mr. O. P. Bhatt was the former Chairman of State Bank of India, which is India's commercial bank. Mr. Om Prakash Bhatt is now on the Boards of reputed Indian and foreign companies.

Peter Blauwhoff

Dr. Peter (Petrus) Blauwhoff is Non-Executive Independent Director of the company effective February 7, 2017. Dr. Blauwhoff also serves as the Chairman of the Board of the Netherlands Standardization Institute (NEN), and as a Member of the Supervisory Board of Royal HaskoningDHV since June 2015. Between 2008 and 2015, Dr. Blauwhoff held the position as the Chief Executive Officer of Deutsche Shell Holding GmbH, Hamburg, Germany. He served, among others, as Chairman of the German National Oil Industry Association and as a Vice-Chairman of the German Forum for Future Energies. Dr. Blauwhoff holds a Doctorate in Technical Sciences and a graduate degree in Chemical Engineering, with honours (cum laude) from University of Twente, Netherlands. Dr. Blauwhoff is a successful international leader with over 30 years of experience in the energy industry, in particular the downstream oil and gas business. He has wide range of experience in refining, supply, marketing and end-to-end value creation in challenging downstream organisations. Dr. Blauwhoff comes with strong track record in senior political and customer stakeholder and organisational change management. Dr. Blauwhoff brings with him extensive experience in stewarding successful transformational changes within established, respected multinational company(ies), deep knowledge of the global manufacturing industry in general and of the energy, oil and gas business in particular and knowledge of European region. With the above exceptionally distinguished record of accomplishments, Dr. Blauwhoff is well poised to add significant value and strength to the Board.

Deepak Kapoor

Mr. Deepak Kapoor is Additional Non-Executive Independent Director of the company effective April 1, 2017. Mr. Deepak Kapoor is the former Chairman of PwC India. Mr. Kapoor has been associated with PwC India for over 30 years. He was named Partner in 1991 and was the Managing Director between 2007 and 2016. As member of PwC’s India Leadership Team, Mr. Kapoor served in various leadership and client service roles. Mr. Deepak Kapoor is a meritorious Commerce Graduate from Delhi University (third rank holder). He is a Fellow Member of The Institute of Chartered Accountants of India, Fellow Member of The Institute of Company Secretaries of India and a Member of the Institute of Certified Fraud Examiners, USA. Particulars of experience, attributes or skills that qualify candidate for Board membership Mr. Deepak Kapoor has led deals for more than eight years and has practiced in the areas of Telecom, Entertainment and Media for over ten years. Mr. Kapoor successfully steered the PwC India during very challenging times and has strengthened the firm’s footprint in India. Mr. Kapoor has extensive experience in the audit function as well as business advisory related work. His experience, in India and overseas, encompasses multiple industries including consumer products, manufacturing, telecom, technology, healthcare, entertainment and media. Mr. Kapoor’s senior executive level experience in business and management provides him with an insightful perspective on strategic planning, risk oversight and operational matters that is valuable to the Board. Board Meeting Attendance and Remuneration Mr. Deepak Kapoor was appointed effective April 1, 2017 and hence the above details are not applicable to him for the year ended March 31, 2017.

Dinesh Mehrotra

Mr. Dinesh Kumar Mehrotra is Non-Executive Independent Director of Tata Steel Limited. He was appointed as a Member of the Board effective October 22, 2012. In the past, Mr. Mehrotra served as the Chairman of Life Insurance Corporation of India (“LIC”). Prior to that he was the Managing Director of LIC. He also served as the Executive Director (International Operations) to lead the Corporation’s overseas thrust. Mr. Mehrotra joined LIC as a Direct Recruit Officer in 1977 and in an illustrious career spanning 35 years, served in several pivotal positions in LIC. Mr. Mehrotra has attended several important knowledge forums in India and abroad and is associated with the apex training institutes of insurance in India like the National Insurance Academy and the Insurance Institute of India. Mr. Mehrotra is an Honours Graduate in Science from the University of Patna. Mr. Mehrotra has demonstrated executive leadership as the former Chairman of LIC and he has provided valued insights and perspectives to the Board deliberations on complex financial and operational issues. His unique insights with respect to regulatory and policy matters, compliance and internal controls has strengthened the Board’s collective knowledge, capabilities and experience.

Aman Mehta

Mr. Aman Mehta is Additional Non-Executive Independent Director of the company effective March 29, 2017. Mr. Mehta has over 39 years of experience in various positions with the HSBC Group from where he retired in January 2004 as CEO Asia Pacific. Formerly, he has been a Member of the Supervisory Board of ING Group NV and a Director of Raffles Holdings, Singapore. He is also a Member of the Governing Board of the Indian School of Business, Hyderabad and a Member of the International Advisory Board of Prudential of America. Mr. Mehta holds a Graduate Degree in Economics from Delhi University. Mr. Mehta has extensive experience in the field of Banking/ Finance and has a proven track record of successfully managing large multinational enterprises. Mr. Mehta occupies himself primarily with Corporate Governance, Board and Advisory Roles in a range of global manufacturing and technology companies such as Tata Consultancy Services Limited. His prior experience enables him to provide the Board with valuable insights on a broad range of business, social and governance issues that are relevant to large corporations.

Mallika Srinivasan

Ms. Mallika Srinivasan is an Non-Executive Independent Director of Tata Steel Limited. She is the Chairman and Chief Executive Officer of Tractors and Farm Equipment Limited and TAFE Motors and Tractors Limited. A thorough leader and strategist, recognised for her commitment to excellence and contribution to Indian Industry, she has been at the helm of affairs of industry bodies and trade associations. She is also a Director on the Board of Tata Global Beverages Limited. Ms. Srinivasan is the recipient of several business leadership awards and has an avid interest in academia, particularly management education.

Kiran Kanchinadham

Basic Compensation