Fifty two year old Gopinathan has been at TCS for 22 years and was CEO for six years.
“I want to especially thank Chandra (N Chandrasekaran), our chairman, for his mentorship over the years,” he added.
He also wished his successor K Krithivasan who takes over as chief of India's largest software firm on June 1. During over a 33 year long tenure at TCS, Krithivasan has held various leadership roles in delivery, customer relationship management, large program management and sales. “I wish Krithi the very best as he takes over the TCS baton and charts the way forward to our $50 billion aspirations,” he added.
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“We undertook an ambitious redefinition of TCS’ service portfolio and market positioning by introducing Business 4.0 and growth and transformation frameworks to integrate our technology services offering with greater focus on business value delivered,” he said.
He added that these initiatives, combined with greater focus on sales teams led to an increased customer base from 35 to 60 who contributed more than $100 million in annual revenue.
This change of leadership for TCS comes at a time when the IT services industry faces a lull in demand, a slowdown in hiring, ongoing inflation in Europe, a flux in the banking ecosystem in the US and a war in Ukraine.