Tata Sons ropes in Banmali Agrawala to head infrastructure, defence
As part of the Tata Sons leadership team, Agrawala's knowledge in several areas, including leadership development, digital infrastructure, innovation and technology, will be very beneficial to the Tata group, N Chandrasekaran said.
New Delhi: Tata Sons on Wednesday announced appointment of GE South Asia President and CEO Banmali Agrawala as President of its infrastructure, defence and aerospace businesses.
Agrawala will be taking up his new role effective 1 October, 2017. He will report to Executive Chairman N Chandrasekaran in his new role, Tata Sons said in a statement.
Commenting on the appointment, Chandrasekaran said: "The Tata group has a significant footprint in the infrastructure, defence and aerospace sectors. Banmali's global experience in these industries will be very beneficial as we build scale and aspire for the next phase of growth."
As part of the Tata Sons leadership team, Agrawala's knowledge in several areas, including leadership development, digital infrastructure, innovation and technology, will be very beneficial to the Tata group, he added.
Prior to joining GE, Agrawala was the Executive Director on the Board of Tata Power.
On his new role, Agrawala said: "I am delighted to be back as part of the Tata group and contribute towards the phenomenal opportunities that the Tata group has in the core infrastructure related sectors, in India as well as globally."
Being a non-executive director, Ratan Tata is not paid any salary by Tata Power. Tata Power has paid its chairman Ratan Tata a total remuneration of Rs 68.4 lakh in the last fiscal,
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Tata Sons has challenged the 18 December decision of the National Company Law Appellate Tribunal (NCLAT) that gave a big relief to Cyrus Investment Pvt Ltd and Mistry, restoring him as the executive chairman of Tata Sons
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