PE veteran Renuka Ramnath appointed chairperson of Tata Communications

She became the first woman outside Tata family to be appointed chairperson of major Tata group firm

Renuka Ramnath became the first woman outside the Tata family to be appointed the chairperson of a major Tata group firm. 

Telecom and information technology services provider, Tata Communications, elected the private equity (PE) veteran as a successor to Subodh Bhargava, who has been chairperson and independent director on the board of the company.

Ramnath joined the company’s board as an independent director in December 2014. “During my time so far on the board, I have seen first-hand how Tata Communications has successfully transformed its own business and those of its customers,” said Ramnath. “The company is on a robust growth trajectory,