TCS hires ex-Citigroup executive as independent director

by IANS |

Mumbai, Jan 11 (IANS) Tata Consultancy Services (TCS) hired former Citi executive Daniel Houghes Callahan, 62, as an additional and independent director for 5 years since Thursday, said the Indian IT bellwether on Friday.

"Callahan has been appointed as an additional and independent director on our board on the recommendation of the nomination and remunerative committee," said the city-based software behemoth in a statement here.

As chief administrative officer and head of Citigroup's technology, Callahan was member of Citi's operating committee until November 2018.

"Callahan is a transformative leader in driving strategic change across global organizations and dealing with multiple stakeholders in local and national governments and regulatory bodies," said the company in the statement.

Prior to joining Citi in 2007, Callahan held senior positions inAIBM Japan, Morgan Stanley, and Credit Suisse.

With Callahan onboard, TCS has 11 directors, including seven independents in the expanded board.

As head of operations, Callahan played a key role in transforming Citigroup's operations and technology from a loose federation of independent and dispersed entities into a lean, globally integrated enterprise.

"It is a pleasure to welcome Callahan to our board. His depth in the financial services industry and experience in overseeing global technology and business operations will benefit TCS," said its Chairman N. Chandrasekaran.

Latest News
IPL 2024: Looking to see more attacking fast bowling from Siraj and Yash, says RCB head coach Flower Sat, May 04, 2024, 04:26 PM
Inspiring voices of India's women panchayat leaders resonate at UN meet Sat, May 04, 2024, 04:24 PM
CM, Dy CM obsessed with 'pen drive', forgotten about guarantees: KarnatakaBJP chief Sat, May 04, 2024, 04:21 PM
President Murmu reaches Shimla for five-day visit Sat, May 04, 2024, 04:13 PM
Cracks in the armour: Cong faces serious challenge from NC rebel candidate in Ladakh constituency Sat, May 04, 2024, 04:06 PM
Chinese embassy in Canada refutes foreign interference accusations Sat, May 04, 2024, 03:47 PM
Karnataka CM chairs SIT meeting, orders immediate arrest of Prajwal Revanna Sat, May 04, 2024, 03:42 PM
Study calls for making cardiorespiratory fitness a part of annual check-up Sat, May 04, 2024, 03:35 PM
'Refusing an ICC event can backfire', cautions Rashid Latif amid uncertainty over India's participation in Champions Trophy Sat, May 04, 2024, 03:24 PM
Meta gets 27K reports via Indian grievance mechanism in March, fake FB, Insta profiles key concern Sat, May 04, 2024, 03:23 PM
Government lifts ban on onion exports with price rider Sat, May 04, 2024, 03:22 PM
Multiple fires erupt in Ukraine's Kharkiv after overnight Russian attacks Sat, May 04, 2024, 03:19 PM
UNGA president invokes Mahatma Gandhi to call for protecting journalists Sat, May 04, 2024, 03:18 PM
Rahul's Raebareli move will be 'suicidal', says ex-Congman Pramod Krishnam Sat, May 04, 2024, 03:17 PM
'Shahenshah lives in castle': Priyanka Gandhi's retort on Rahul being dubbed 'Shehzada' Sat, May 04, 2024, 02:55 PM