Ishaat Hussain

Ishaat Hussain is an Indian businessman and the former director of Tata Sons and Tata Steel, and chairman of Tata Sky.[1][2] He was also chairman of the Tata Group company, Voltas.[3] Between November 2016 and September 2017, he served as the interim chairman of Tata Consultancy Services, following the removal of Cyrus Mistry.[4] He joined the Tata Group in 1981 and retired in September 2017.[5][6][7]

Ishaat Hussain
Born (1947-09-02) 2 September 1947
EducationThe Doon School
St. Stephen's College, Delhi
Occupation(s)Chairman, Voltas
Director, Tata Steel, Tata Sky
Executive director, Tata Sons
Board member ofTata Sons, Tata Steel
Spouse(s)Rummana Hussain (m. ?? ;died 1999)
Children1

In the media, he has often been called the "Wise Man of Bombay House".[8]

Education

Hussain went to The Doon School in Dehradun, and then obtained a bachelor's degree in economics from St. Stephen's College, Delhi.[9] He then attended the advance management programme at the Harvard Business School.[10]

Career

After graduation, Hussain worked as a chartered accountant for seven years, before joining the Tata Group in 1981 [11] In 1999, he joined the board of Tata Sons.[12][13] He became chairman of Voltas in 2000, and was appointed to the board, and served as the finance director, of Tata Sons.[14] In November 2016, he was appointed interim chairman of Tata Consultancy Services, after Cyrus Mistry was removed, following the much publicised feud with the board of Tata Sons.[15]

Personal life

Ishaat was married to the famous conceptual artist Rummana Hussain until her death in 1999.[16] They have a daughter, Shazmeen, who married Shaad Ali, son of politician Subhashini Ali and Bollywood filmmaker Muzaffar Ali, in 2006 (div. 2011). She’s currently married to and has a child with Rustom Lawyer.[17][18]

References
  1. Mundy, Simon (13 January 2017). "Gruelling challenges await new Tata Sons chairman". Financial Times.
  2. Vijayraghavan, Kala; John, Satish (11 November 2016). "TCS Interim chairman Ishaat Hussain: Finance veteran, loyalist, a man for all seasons". The Economic Times.
  3. Bhat, Harish (1 September 2017). "Ishaat Hussain: The wise man of Bombay House". Livemint.
  4. "Ishaat Hussain retires from TCS board". @businessline. 4 September 2017.
  5. Vijayraghavan, Kala (24 August 2017). "Tracing the legacy of Ishaat Hussain - a Tata group veteran who will hang up his boots on September 1". The Economic Times.
  6. "10 Facts About New Interim Chairman of TCS Ishaat Hussain". News18. 10 November 2016.
  7. "Ishaat Hussain retires as Voltas Chairman". The Hindu. 29 August 2017 – via www.thehindu.com.
  8. "Veterans Unpacked | Ishaat Hussain: 'The Corporate Discourse Has to Completely Change and We Have to Focus on the Basics'". 6 May 2021.
  9. Business, Outlook. "Ishaat Hussain Secret Diary - Part 1 | Outlook Business". {{cite web}}: |last= has generic name (help)
  10. "TCS appoints Ishaat Hussain as new chairman: 7 things to know | Gadgets Now". Gadget Now.
  11. "'The Tatas are obsessed with ethics'". rediff.com.
  12. Journal, Scott NeumanStaff Reporter of The Wall Street (12 August 2002). "Tata Finance Attracts Attention Of Indian Regulators Over Audit". Wall Street Journal – via www.wsj.com.
  13. "10 facts about Ishaat Hussain new interim chairman of TCS Board". Moneycontrol. 10 November 2016.
  14. "Archived copy". Archived from the original on 23 July 2020. Retrieved 30 June 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  15. Gopalan, Krishna. "The Tata Battle Gets Worse | Outlook Business". Outlook (Indian magazine).
  16. Cotter, Holland (18 July 1999). "Rummana Hussain, 47, Indian Conceptual Artist". The New York Times.
  17. "Finally, the director at home". Hindustan Times. 29 January 2006. Retrieved 12 November 2022.
  18. "Shaad Ali ties the knot again - Times of India". The Times of India. 5 January 2013. Retrieved 12 November 2022.
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