Investment banker Ankur Verma first outside recruit in Chandra's A-team

One of Chandra's priorities is to hire a group CFO to bring financials back on the rails

Tata Sons Chairman N Chandrasekaran has made his first appointment in his office by hiring Ankur Verma, former managing director, investment banking, at Bank of America Merrill Lynch.

Verma, who joined today in the chairman’s office at the iconic Bombay House, will work across diverse functions in the Tata group. He is a veteran of corporate planning, strategy, investment banking, and mergers and acquisitions. Verma is an alumnus of the Indian Institute of Management, Calcutta, and is a mechanical engineer from the Delhi College of Engineering.

With Chandra taking over as head of the $103 billion Tata group, efforts are