TATAS HIRE GE’S AGRAWALA TO HEAD DEFENCE, AEROSPACE BIZ

MUMBAI: Tata Sons on Wednesday said it has appointed Banmali Agrawala as president for the infrastructure, defence and aerospace businesses. He will report to the executive chairman N. Chandrasekaran, in his new role. This will be his second stint with the Tata group. In his previous assignment, Agrawala was the president and chief executive of GE South Asia, a position he held from February 2013. Prior to that he was the executive director on the board of Tata Power. Agrawala will be taking up his new role effective October 1. Agrawala’s appointment, said a person familiar with the plans, is part of a strategy being pursued by the group to identify firms that have similar interests and can collaborate. “There may be more such appointments going ahead,” he said.