Anil Sardana will take charge as Managing Director of Tata Power
The Tata group on Thursday rejigged the top management of some of its group firms with Tata Communications head N. Srinath replacing Tata Teleservices Managing Director Anil Sardana, who will take charge of Tata Power.
Mr. Sardana succeeds Prasad R Menon, who retires on January 31 this year.
Tata Communications (formerly VSNL) gets a new Managing Director and CEO in Vinod Kumar, who is a director on the company's board, Tata said in a statement.
Mr. Sardana, who has been with Tata Teleservices for over three years, had expressed desire to resign from the position to take up responsibility with another Tata company.
Meanwhile, Mr. Srinath would be taking over as the Managing Director and CEO of Tata Teleservices. He would be one of the additional directors at the company.
According to the statement, Mr. Srinath would continue to be a non-executive director on the board of Tata Communications and some of its subsidiary/associate companies such as Neotel.
These changes would be effective from February 1. Since the Central Government holds 26 per cent stake in Tata Communications, Mr. Kumar's appointment would need the government's approval, the statement added. — PTI