Former SBI boss joins Tata Steel as independent director
Tata Steel BSE -0.55 percent has appointed former SBI BSE -0.55 percent Chairman O P Bhatt as additional non-executive independent director in hte company with effect from today.
June 10, 2013 / 20:58 IST
Tata Steel BSE -0.55 percent has appointed former SBI BSE -0.55 percent Chairman O P Bhatt as additional non-executive independent director in hte company with effect from today.
Also read: SAIL to meet increased iron ore needs from captive sourcesThe Board of Directors has "appointed O P Bhatt as an additional non-executive independent director on the Board of Tata Steel with effect from June 10, 2013", Tata Steel said in a BSE filing."Bhatt was the former Chairman of State Bank of India BSE -0.55 percent, which is India's largest commercial bank. He is now on the Boards of reputed Indian and foreign companies," it added.Bhatt hanged up his boots after a five-year stint as SBI chief on March 31, 2011.Shares of the company closed at Rs 290.40 apiece on the BSE, down 0.55 per cent from the previous close. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
