Friday, August 6, 2010

Nooyi and Pandit can head Tata group

Nooyi and Pandit can head Tata group

With Noel Tata, Chennai born boss of Pepsico Indra Nooyi is also emerging as the possible would be boss of 71 billion dollar Tata group once Ratan Tata demits his corner office of Bombay house as a Chairman of India’s most diversified group.

It is learn that she is a close friend of Ratan Tata and there is a possibility that Ratan Tata would support her candidature for the top job. However, two other NRI Ceos heading very prestigious groups are also said to be in the race for the coveted post.

India Inc watchers say that 53 years old head of Citigroup of America Vikram Pandit too can emerge as the black horse to head the Tata group. Vikram has a formidable reputation as a banker and he has played key role in taking his bank out of storm that had hit the world during economic liberalization.

With Nooyi and Pandit, the name of Anshu Jain is also in race to grab the top honours. An ex student of Delhi’s SriRam college of Commerce Anshu Jain is currently the head of Deutsche Bank’s corporate and investment banking.

He is only 46 years and his grip on financial matters is outstanding. He can be an asset to the group. Veteran business journalist Aroon Kumar says that in the coming weeks and months, the speculations regarding the possible replacement to Ratan Tata would be intensely discussed.


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