London Business School alumnus Mistry to take reins at Tata Group
London Business School alumnus, Cyrus Mistry, has been announced as the new chairman of Mumbai-based Tata Group, moving into the role in December 2012.
Mr Mistry, who graduated from the School’s International Executive Masters Programme (now the Executive MBA) in 1996, will succeed Ratan Tata, who retires after running one of India’s biggest business groups for two decades. With a 50,000-strong workforce spanning telecommunications, engineering, materials, services, energy, consumer products and chemicals, Tata’s companies operate in every major international market and include Jaguar Land Rover and Tetley.
Commenting on Mr Mistry’s appointment, Sir Andrew Likierman, Dean, London Business School, said: “We are delighted that Cyrus Mistry will be taking on this important position. We’re very proud that the School’s links with India have grown steadily over the years. These are through our faculty and research, our current students, as well as our alumni.
“Such is the volume of our work in India that we founded the Aditya Birla India Centre which is supported by Kumar Birla, another distinguished alumni.“