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NAME: R.K. KRISHNA KUMAR
AGE: 68
DESIGNATION: Director
STATE: Tata Sons |
Within
the Tata Group, R.K. Krishna Kumar is reputed to be the man who
is closest to Ratan Tata. Apart from being one of Tata's most
trusted lieutenants, he has the "eyes and ears" of the
Chairman. Kumar is the consummate deal maker in the group today
and has been involved in some of the most significant acquisitions
that the Tatas have executed in the recent past-the most recent
example, of course, being Indian Hotel's $170-million (Rs 765-crore)
buyout of the Ritz-Carlton in Boston. Just a few months ago, Kumar
was in the news when Tata Tea acquired a 30 per cent stake in
Glaceau for $677 million (Rs 3,046.5 crore). In June last year,
when Indian Hotels bought over The Pierre in New York, Kumar was
also deeply involved in the deal.
Kumar, who joined the Tata Administrative
Service in 1963, has had long stints within the group in the tea,
coffee and hotels businesses. KK, as he is referred to by colleagues
and close friends, is a fairly low-profile man, though his position
in the group is never in doubt. His involvement with the plantation
business began in 1982 when he joined the South India Plantation
as its Vice President. This was followed by his elevation to Tata
Tea in 1988 as Joint Managing Director; he became MD three years
later. He then moved to Indian Hotels as its Managing Director.
Kumar was also in the news recently when
Infinity Retail, a Tata Sons subsidiary, announced plans to launch
a chain of consumer electronics stores under the "Croma"
brand name. Those who have known him closely say that he's very
persistent and never ever gives up. Apart from this, he is on
great terms with his bosses and those who work under him. His
management style is about loyalty and he is said to be a great
believer in that. In an earlier interview with BT, Kumar had said
that the Tata Group was in the process of morphing. "We see
cutting-edge investments, be it in Tata Indica, which has cut
through the clutter and become a best selling car, or in pushing
our boundaries in the tea and coffee businesses. We are transforming
industries today," he had said. For now, the deal maker is
on the lookout for more deals.
-Krishna Gopalan
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