Mumbai: N Chandrasekaran today chaired his first board meeting as Chairman of Tata Sons, the principal investment holding company for more than 100 Tata operating companies.

Ratan N Tata, Chairman Emeritus of Tata Sons, said: “I welcome Chandra, who has successfully displayed his leadership in his career at Tata Consultancy Services. I am sure he will bring considerable value to his leadership role in the Tata group in the years ahead.”

Mr Tata added: “I wish Chandra every success for the future.”

Speaking ahead of the board meeting, Mr Chandrasekaran said: “In my new role, I will focus on three strategic priorities: bring the group closer together to leverage its enormous collective strength; reinforce a leader’s mindset among the operating companies and drive world-class operating performances across the group; bring greater rigour to our capital allocation policies and deliver superior returns to our shareholders. I look forward to working with my colleagues, the management teams and the boards of the companies towards achieving these goals.”