Noel Tata has been appointed as the new chairman of Tata Trusts, effective October 11, 2024, following the death of Ratan Tata, on October 9.
Noel has a long history with the Tata Group, serving as chairman of Trent and Voltas, and vice-chairman of Tata Steel and Titan Company.
His aims to continue the philanthropic legacy of Tata Trusts, which holds a 66% stake in Tata Sons.
His leadership is expected to maintain the trusts’ focus on social initiatives and nation-building efforts.
Noel Tata’s key priorities as the new chairman of Tata Trusts include:
Continuity and Stability: He aims to uphold the legacy of Ratan Tata while ensuring stability within the Trusts, which hold a 66% stake in Tata Sons.
Philanthropic Focus: Enhancing the Trusts’ contributions to education, healthcare, and housing, continuing their historical commitment to social causes.
Nation-Building Initiatives: Rededicating efforts towards developmental projects that align with the Tata Group’s vision of contributing to national progress.
( With inputs from agencies)
