Business

Ex Foreign Secretary S Jaishankar Joins Tata Sons, Gets Cool Off Period Waived By PMO

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| April 24 , 2018 , 15:51 IST

S Jaishankar, considered as one of the closest diplomats to Prime Minister Modi has joined the private sector after retiring from the position of Foreign Secretary of India. He has joined Tata Sons as President, Global Corporate Affairs.

While the news of Jaishankar moving to Tata was being spoken about, official confirmation from the group came on Monday. Jaishankar had requested the Prime Minister’s Office for a waiver of the mandatory cool-off period. The cool-off period is a mandated time after the retirement of public servants during which they cannot take up a private job.

The cooling off period earlier was two years but was brought down to one year early last year. Jaishankar retired on 28 January after serving an extended term of three years and was succeeded by Vijay Keshav Gokhale.

In his new stint as President, Global Corporate Affairs, Jaishankar will report to N.Chandrasekaran, executive chairman of Tata Sons. Welcoming S Jaishankar to the Tata Group, Chandrasekaran said, “I am delighted to welcome Jaishankar to the Tata group. His extensive experience and knowledge on international affairs will be very valuable to the group as we work to reinforce our brand globally.”

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Talking about his new job, Jaishankar said, “The Tata group is an iconic institution known for its value-based leadership as well as India’s most respected brand globally. I look forward to being part of the Tata group and working with key stakeholders to make an impact.”