Tata Sons has appointed Saurabh Agrawal, an investment banker who was formerly with the Aditya Birla Group, as its Group Chief Financial Officer. He will join the company from July 2017.
Agrawal, among India’s most successful investment bankers, brings with him over two decades of experience in the capital markets.
He joins Tata Sons from the Aditya Birla Group, where he was Head of Strategy. Before that, he has been Head of the Corporate Finance Unit of Standard Chartered Bank in India and South Asia, and the Head of the Investment Banking Division in DSP Merrill Lynch.
"He brings deep capital markets knowledge and valuable cross-industry experience to this critical leadership role in the Tata group. His expertise will help us in driving rigour and synergy in capital allocation decisions, investment management as well as consolidation and optimisation of the group’s business portfolio. We look forward to his contribution in driving the financial performance of the group,” said N. Chandrasekaran, Chairman of Tata Sons.
Agrawal is a graduate of the Indian Institute of Technology, Roorkee, and has a post-graduate management degree from the Indian Institute of Management, Calcutta.