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Jul, 04 2017

Tata Global Beverages announces N Chandrasekaran as Chairman

The TGBL board at its meeting has approved the appointment of N. Chandrasekaran as an additional director and as chairman of the board of the company in place of Harish Bhat who expressed a desire to step down as chairman

Tata Global Beverages Ltd has appointed Tata Sons head, N Chandrasekaran as Chairman with immediate effect.

The TGBL board at its meeting has approved the appointment of N. Chandrasekaran as an additional director and as chairman of the board of the company in place of Harish Bhat who expressed a desire to step down as chairman.

The Board has also appointed Siraj Azmat Chaudhry as Non Executive Independent Director.

Chandrasekaran exuded confidence over the future of TGBL, saying it is a strong player in FMCG segment with major brands such as Tetley and Tata Tea.

He said, "The company has built deep capabilities in this space and is well poised to address many significant consumer trends and opportunities over the years ahead."

Bhatt, who has stepped down as TGBL Chairman, would continue on the board as a non executive director.

Harish Bhat took over as the TGBL Chairman after ousted Tata Sons chairman Cyrus Mistry was voted out by the board of Tata Global Beverages in November last year.

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