Samir Seksaria serves as the Chief Financial Officer (CFO) of Tata Consultancy Services (TCS), one of the world’s leading IT services, consulting, and business solutions organizations. With over two decades of experience at TCS, Seksaria has played a crucial role in shaping the company’s financial strategy and driving its global success.
Professional Journey
Seksaria joined TCS in 1999, initially working on consulting assignments related to regulatory compliance and mergers and acquisitions (M&A) spin-offs. His expertise quickly became evident, and he transitioned to Corporate Finance in 2004, where he played a key role in TCS’s landmark Initial Public Offering (IPO). His deep financial knowledge and strategic foresight have been instrumental in shaping TCS’s financial transformation initiatives.
Before becoming CFO in May 2021, Seksaria led the Business Finance function at TCS, overseeing financial management across all business units and spearheading corporate financial planning. His leadership has contributed to process simplification, enhanced cash management, and improved financial efficiencies, making TCS a stronger player in the global IT industry.
At Tata Consultancy Services, Mr. Seksaria has built an illustrious career spanning over 26 years and 3 months. Since May 2021, he has served as the Chief Financial Officer, overseeing the financial strategy of one of the world’s largest IT services firms. Before this, he was the Global Head of Business Finance from January 2017 to May 2021, ensuring robust financial management across TCS’s global operations. His previous role in Financial Analytics & Planning, held from October 2003 to May 2021, saw him leading critical initiatives to streamline processes and enhance financial forecasting. Earlier in his career, as a Business Consultant from January 1999 to October 2003, he worked across India, the UK, and the US, assisting clients with regulatory compliance, M&A spin-offs, and other strategic financial operations.
Recent Developments
In recent months, Seksaria has been actively involved in shaping TCS’s financial future:
- Margin Expansion: As TCS transitions out of its BSNL deal, Seksaria has highlighted how this shift will aid in margin improvement, positioning the company for stronger financial stability.
- Generative AI Strategy: Seksaria has reassured stakeholders that TCS is well-prepared for risks associated with Generative AI, with substantial risk mitigation measures and strong insurance coverage in place.
- Industry Outlook: He has expressed optimism about the recovery of discretionary spending in sectors like retail and manufacturing, following strong performance in banking and financial services.
Educational Background
Seksaria is an alumnus of Narsee Monjee College and a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI), Mumbai. His academic excellence has been a strong foundation for his professional success.
Leadership and Vision
Under Seksaria’s financial leadership, TCS has continued to excel in the global IT sector. His strategic approach prioritizes innovation, efficiency, and long-term growth, ensuring that TCS remains a leader in the industry.
Personal Life
Despite his demanding professional responsibilities, Seksaria values spending quality time with his family and enjoys traveling. His ability to maintain a balance between professional excellence and personal fulfillment makes him a well-rounded leader.
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Dr. Shishir Gupta’s Perspective
“Samir Seksaria is undoubtedly one of the best CFOs in the world. His financial acumen, strategic vision, and leadership have played a monumental role in shaping not just TCS but also the global IT industry. His ability to navigate financial complexities with precision and foresight makes him an icon in the corporate world. Future CFOs should take inspiration from his journey, as he sets a gold standard for financial leadership.”
— Dr. Shishir Gupta, Founder and CEO of StartupLanes
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