Ramakrishnan elevated to Tata Motors Group CFO

Tata Motors, India's biggest auto maker, elevated its chief financial officer C Ramakrishnan to group CFO while also providing him an extention of two years.

Ramakrishnan who turned 60 last month got appointed as Tata Motors group chief financial officer with effect from today, a note from the Mumbai-based company stated.

The CFOs of all Tata Motors subsidiaries like Jaguar Land Rover, Daewoo to name a few will now report to Ramakrishnan. "He will continue as Chief Financial Officer and Key Managerial Personnel for Tata Motors Limited", added the statement.

The retirement age for executive directors in Tata Group is 65 while for non-executive directors it is 70.

Chandrasekaran Ramakrishnan has been the CFO of Tata Motors since 2007 and was one of the senior executives to bring Jaguar Land Rover under the company's fold in 2008. He took over from Praveen Kadle, executive director (finance and corporate affairs) who moved to Tata Capital.