HM Nerurkar takes over as MD, Tata Steel - B Muthuraman is non-executive VC

Jamshedpur: HM Nerurkar has been appointed as the managing director of Tata Steel, taking over from B Muthuraman, who retired from his executive position and from the board on 30 September 2009.

The board of directors of the company has decided to re-appoint Muthuraman on the board as an additional director and designate him as the non-executive vice chairman of the company with effect from 1 October 2009.

The board has also decided to appoint Kirby Adams as the managing director and chief executive officer of Tata Steel Europe with effect from 1 October 2009.

Nerurkar and Adams will directly report to the board of Tata Steel.

The Tata Group today also announced the elevation ofN Chandrasekaran as the new MD of Tata Consultancy Services, on the retirement of S Ramadorai, who has reached the retirement age of 65, as per the company's governance policy.  (See: N Chandrasekaran takes over as  CEO of TCS)