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TCS Splits BFSI Business, Reshuffles Leadership Across Key Units

By: Editorial Desk

by Editorial Desk
July 13, 2026
in Enterprise
Reading Time: 2 mins read
TCS Splits BFSI Business, Reshuffles Leadership Across Key Units

TCS Splits BFSI Business, Reshuffles Leadership Across Key Units

Summarize with:

Bengaluru, July 13(APAC Media): Tata Consultancy Services (TCS) has announced a major leadership reshuffle across its business units as the IT services company realigns its organisation to support growth in AI, digital transformation and industry-focused services.

The biggest change is in TCS’ banking, financial services and insurance (BFSI) business in the Americas, where the company has divided the vertical into two separate business groups. The move is aimed at improving leadership focus as demand for AI-driven technology, platform modernisation and business transformation continues to grow.

Susheel Vasudevan, who previously led BFSI Americas, has moved to a strategic role reporting to CEO K Krithivasan. Rakesh Kumar and Mohan Veeturi have been promoted to lead the two newly created BFSI business groups.
TCS has also appointed Manmeet Chhabra as its Canada country head, replacing Soumen Roy, who will now lead the company’s Global Value & Innovation Centres business.

The company has created dedicated business groups for Travel, Transport and Hospitality (TTH) and Energy, Resources and Utilities (ERU). Arun Pradeep will lead the TTH business, while Sabyasachi Chandra will head the ERU unit. Ganesa Vaikuntam has been appointed to lead the life sciences business in the UK and Europe.

The restructuring also includes changes across technology and services. Rajnish Palande will head TCS’ newly formed ServiceNow Business Unit, while Kumaranarayanan has been appointed global head of the cybersecurity business. Akhilesh Tripathi will lead the newly created US West Coast Business Group, focused on technology, software and semiconductor clients.

In another move, TCS has combined its communications, media, information services and technology businesses under V. Rajanna. Akhilesh Tiwari will lead global sales for the new Autonomous Business Operations (ABO) unit, which the company is positioning to address growing demand for AI-led business process transformation and enterprise operations.

The appointments take effect immediately and represent one of TCS’ most significant leadership reorganisations in recent years as the company adapts its structure to changing client priorities.

Summarize with:
Tags: artificial intelligenceBFSIDigital TransformationTata Consultancy Services (TCS)
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