Who’ll be next Tata Sons Chairman? TV Narendran or Saurabh Agarwal? But, NSE’s Ashish Chauhan emerges as dark horse
Tata Sons is currently searching for a successor to Chairman N Chandrasekaran, who will step down in 2027. Internal candidates T V Narendran and Saurabh Agrawal are being considered alongside dark horse candidate Ashish Chauhan.
Why it matters
The leadership transition at Tata Sons is a major event for the Indian economy, given the conglomerate's massive scale and influence.
Race for next Chairman of Tata Sons: Tata Sons, the holding company of the USD 275-billion-plus Tata conglomerate, has narrowed its search for a successor to Chairman N Chandrasekaran to three prominent corporate leaders -- Tata Steel CEO and MD T V Narendran, Tata Sons Executive Director and Group CFO Saurabh Agrawal, and NSE MD and CEO Ashish Chauhan, people familiar with the matter said.While Narendran has emerged as the frontrunner among internal candidates, Agrawal is also in the reckoning with his investment-banking and capital-allocation experience, while Chauhan, a veteran of India's capital markets and one of the founding executives of the National Stock Exchange, could turn out to be the dark horse, the people said.The selection process is still underway, and no final decision has been taken.
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