Mumbai (BSE) – May 13, 2015
Mumbai – May 13th 2015 – Tata Communications, a leading provider of A New World of Communications™, announces the appointment of Pratibha K. Advani as its Chief Financial Officer. Based in India, Pratibha will be responsible for the strategic financial management of the company, including corporate affairs & investor relations.
Pratibha brings with her over two decades of varied experience ranging from financial strategy, project financing, M&A, risk management, and legal and secretarial. Prior to joining Tata Communications, Pratibha was the Chief Financial Officer at NIIT Technologies Limited and prior to that, she was the Chief Financial Officer at Barclays Shared Services Pvt. Ltd. and Vice President Finance & Chief Financial Officer at GE-SBI Cards. Pratibha started her career in finance with ITC Ltd., where she spent over 15 years working in its Hotels Division.
Vinod Kumar, MD and CEO, Tata Communications says, “Pratibha Advani brings the right mix of experience and creativity to the team as we continue on our growth trajectory. Pratibha’s acumen in operating with high margin businesses to enable value-creating growth is well recognised in the industry. We look forward to working with her and capitalising on these skills as we continue to consolidate our global position.”
Pratibha Advani, Chief Financial Officer, Tata Communications says, “I am very excited to join Tata Communications, a company I have admired for its perseverance and strong fiscal discipline. My focus will be to deliver value not only to complement business imperatives and long term growth plans but also continue to build shareholder value through profitable growth.”
Pratibha has been recognised with several prestigious honours, including the CNBC TV18 – Best CFO Award in the IT & ITES sector – 2014 and Business Today’s Best Woman CFO Award – 2014. She was also included in the CFO100 League of Honour – 2015.
About Tata Communications
Tata Communications Limited (CIN no: L64200MH1986PLC039266) along with its subsidiaries (Tata Communications) is a leading global provider of A New World of Communications™. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.
The Tata Communications global network includes one of the most advanced and largest submarine cable networks and a Tier-1 IP network with connectivity to over 240 countries and territories across 400 PoPs, as well as nearly 1 million square feet of data centre and collocation space worldwide.
Tata Communications’ depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services and leadership in global international voice. Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Forward-looking and cautionary statements
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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