Noel Tata appointed as next Chairman of Tata Trusts
11 oct 2024
Noel Tata (Noel Tata), the philanthropic arm of Indian conglomerate Tata Trust (Tata Trust), CNBC on Friday. has been appointed as the chairman. About which TV 18 has shared a report. Noel’s appointment is significant as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand, which is over 150 years old. Ratan Tata, one of India’s most respected corporate figures, built the empire into a global conglomerate that spanned all industries.
Tata Trust was founded in 1892 by Noel and Ratan’s great-grandfather Jamshetji Tata. Noel Naval Tata is already serving as a trustee on the board of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He is also the Chairman of Tata Trent and Vice Chairman of Tata Steel. However, Tata Trusts did not immediately respond to this news agency’s request for comment.