Tata Sons looks outward for group CFO's position

Tata Sons has shortlisted candidates for the group chief finance officer (CFO)’s position.

The board has been without a finance director in the executive role after Ishaat Hussain became a non-executive director in September at the age of 65.

“The shortlisted candidates are not from the group but from outside,” said a source. “The new chief finance officer will have broader responsibility to oversee the group’s mergers and acquisitions,” the person. Earlier, Arunkumar Gandhi was the chief deal maker for the group. He retired last year.

“These matters are internal to the company. As and when we have an announcement to make, we will inform you,” said a Tata Group spokesperson.

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