In a significant development for Tata Trusts, Noel Tata was unanimously elected as the new Chairman on Friday, October 11, as reported by CNBC TV18. This decision follows the passing of his half-brother, Ratan Tata, who died on October 9 at the age of 86. The decision was made during two meetings held on the same day, one of which paid homage to the late Ratan Tata, while the other focused on the new chairmanship. As per the report, there was “not even an iota of ambiguity” regarding Noel Tata’s appointment. Currently, Noel Tata serves as a trustee on the boards of the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust. In addition to his new role, he is also the chairman of Tata Trent and the vice chairman of Tata Steel, bringing a wealth of experience to his leadership of the trusts. Noel Tata Likely To Be Appointed As New Tata Trusts Chairman After Demise of Ratan Tata.
Tata Trusts Unanimously Elect Noel Tata as New Chairman
Tata trusts unanimously decide to appoint #NoelTata as Chairman. Two meetings took place today. One to pay homage to Mr Tāta and the other to decide on the chairmanship. “Not even an iota of ambiguity on Noel Tāta’s appointment” sources tell me @CNBCTV18News @CNBCTV18Live… https://t.co/WOauGnR0fI
— Shereen Bhan (@ShereenBhan) October 11, 2024
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