Noel Tata assumes the role of chairman of Tata Trusts, leading the $165 billion global empire while vowing to preserve the legacy of Ratan Tata and the Tata Group’s founders.
Noel Tata has been named the new chairman of Tata Trusts, the philanthropic organization that indirectly oversees the Tata Group, succeeding Ratan Tata. His appointment, effective immediately, was announced after a unanimous decision during a joint trustee meeting held in Mumbai.
The trustees also honored the late Ratan N. Tata, who served as the chairman of Tata Trusts until his passing. In his statement, Noel Tata expressed profound gratitude and humility for being entrusted with this important position, emphasizing his commitment to upholding the legacy of Ratan N. Tata and the founders of the Tata Group.
“I am deeply honored and humbled by the responsibility entrusted to me by my fellow Trustees. I look forward to continuing the legacy of Ratan N. Tata and the Founders of the Tata Group.”
Noel Tata, who was already a trustee of Tata Trusts, also serves as chairman of Tata’s retail fashion brand Trent and as vice chairman of Tata Steel.