Tata Sons hires Saurabh Agrawal as group CFO

Tata Group Chairman N Chandrasekaran announced a key recruitment at holding company Tata Sons on Monday — of veteran investment banker Saurabh Agrawal as group chief financial officer. 

Agrawal, who will join from July, is currently the head of strategy with the Aditya Birla Group.  As group CFO at Tata Sons, he will have to focus on bringing back some of the loss-making businesses on track. Agrawal was instrumental in handling the Idea-Vodafone merger deal, as well as the Grasim-Aditya Birla Nuvo merger for the Birla entity. It will be the second big appointment by Chandrasekaran, after that of Ankur