Tata Communications, a global digital ecosystem enabler, has appointed Mr. Kabir Ahmed Shakir as its Chief Financial Officer. Kabir will join on October 21st, 2020 and will be responsible for the strategic financial management of the company, including investor relations.
Kabir brings with him nearly three decades of leadership experience in strategic financial management with a sharp focus on growth, strong business processes, and operational execution across diverse industries and geographies. Until recently, he was the Chief Financial Officer at Microsoft India, responsible for Microsoft’s overall finance leadership across all entities in India.
Kabir has extensive experience in global markets. Prior to Microsoft, he spent 23 years with Unilever in leadership roles across the globe – as International Funding Director in the Netherlands, Global Supply Chain Finance Director in the UK, CFO of the Home and Personal Care business in India and Global CFO for the Skin care category in the UK.
A.S Lakshminarayanan, MD and CEO, Tata Communications, says, “I am pleased to welcome Kabir into the leadership team at Tata Communications. Kabir brings with him extensive functional expertise together with deep understanding of digital businesses and start-ups. As the company looks to implement the new vision to be a global leader in enabling digital ecosystems, Kabir’s experience will be valuable in driving transformation programmes as well as profitable and sustainable growth for the company.”
Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, says, “I am very excited to join Tata Communications. The company has shown remarkable business performance which is being recognised by the market and key stakeholders. Tata Communications has a clear, ambitious strategy and a strong leadership team. I look forward to building on the company’s financial strategy and delivering value to shareholders, as the company continues on its path of achieving profitable growth and being seen as a leading digital ecosystem enabler globally.”
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Tata Communications is a digital ecosystem enabler that powers today’s fast-growing digital economy.
The company enables the digital transformation of enterprises globally, including 300 of the Fortune 500 – unlocking opportunities for businesses by enabling borderless growth, boosting product innovation and customer experience, improving productivity and efficiency, building agility and managing risk.
With its solutions orientated approach and proven managed service capabilities and cutting-edge infrastructure, Tata Communications drives the next level of intelligence powered by cloud, mobility, Internet of Things (IoT), collaboration, security, and network services.
Tata Communications carries around 30% of the world’s internet routes and connects businesses to 60% of the world’s cloud giants and 4 out of 5 mobile subscribers.
The company’s capabilities are underpinned by its global network, the world’s largest wholly owned subsea fibre backbone and a Tier-1 IP network with connectivity to more than 200 countries and territories.
Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
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