Tata Trusts confirms appointment of Noel Naval Tata as new chairman – ThePrint – ANIFeed

Mumbai (Maharashtra) (India), October 11 (ANI): Tata Trusts in an official statement confirmed the appointment of Noel Naval Tata as its new chairman following the demise of Ratan Tata, who served as the esteemed chairman of the Tata Group for decades and chairman of the trust.

In separate meetings held immediately afterwards, it was unanimously decided to appoint Noel Naval

Tata as chairman of the various trusts that form the Tata Trusts and also designate him as

Chairman, Tata Trusts. His appointment takes effect immediately.

Speaking on the occasion, Noel Naval Tata, Chairman of Tata Trusts, said: “I am deeply honored and humbled by the responsibility placed on me by my fellow trustees. I look forward to continuing the legacy of Ratan Tata and the founders of the Tata Group. Established more than a century ago, the Tata Trusts are a unique vehicle for achieving social good. On this solemn occasion, we rededicate ourselves to pursuing our development and philanthropic initiatives and continuing to play our role in nation building.”

Ratan Tata passed away on October 9 evening, leaving behind a legacy that has profoundly shaped the landscape of the Tata group.

Noel Tata, son of Naval Tata and Simone Tata, now fulfills this crucial role at a time of major change within the Tata Group and its associated trusts. As the new chairman, he will uphold the vision and values ​​instilled by Ratan Tata, who was widely regarded as a titan of Indian industry and a transformational figure for the Tata conglomerate.

Noel Tata has been associated with the Tata Group for many years and holds various leadership roles at various companies. His appointment comes as the trust aims to meet the challenges of a rapidly changing global landscape while upholding its commitment to social responsibility and ethical business practices.

According to the Tata Trusts statement, Tata Trusts, India’s oldest philanthropic institution, has been at the forefront of creating lasting impact among communities since 1892. Rooted in the visionary philanthropy of its founder, Jamsetji Tata, the Trusts remain steadfast in catalyzing transformative change and leading developments that uplift communities across the country. (ANI)

This report is automatically generated by the ANI news service. ThePrint is not responsible for its content.