Additionally, he will serve as the chief ethics officer of the group and also oversee all Tata Group corporate social responsibility activities as chairman of the Tata Council for Community Initiatives (TCCI). His appointment is with immediate effect and in his new role he will report directly to the group chairman, Cyrus Mistry, the company said.
Rajan has been in the group for over 18 years and in his last assignment was the head of private equity advisory at Tata Capital and managing partner of the advisory team of the Tata Opportunities Fund. He previously served as managing director of Tata Teleservices (Maharashtra), and as vice-president in chairman’s office at Tata Sons.
Padmanabh Sinha, who holds the chair of chief investment officer in Tata Capital, replaces Rajan as the managing partner in the company. Bobby Pauly will take charge as partner of advisory team for Tata Opportunities Fund. The company announced the replacements following Rajan’s transfer to Tata Sons.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
