(Photo : Noel Tata)
Noel Tata
- Noel Naval Tata has been appointed as the Chairman of Tata Trusts, succeeding his late half-brother, Ratan Tata.
- Noel Tata, known for his low-profile leadership, has been instrumental in driving the conglomerate's growth.
- Tata Trusts, India's oldest philanthropic institution, remains committed to catalyzing transformative change and uplifting communities.
- Noel Tata's leadership is expected to continue the legacy of Ratan Tata and the founders of the Tata Group in their philanthropic and developmental initiatives.
Noel Naval Tata, the half-brother of the late Ratan Tata, has been appointed as the Chairman of Tata Trusts. The decision was made at a joint meeting of the Tata Trusts board, held in Mumbai.
The unanimous decision was taken to appoint Noel Tata as the new Chairperson following the demise of Ratan Tata. Noel Tata expressed his deep honor and humility at the responsibility bestowed upon him by his fellow Trustees. I look forward to carrying on the legacy of Ratan N. Tata and the Founders of the Tata Group, he said.
The Tata Trusts, founded more than a century ago, are a unique vehicle for undertaking social good. On this solemn occasion, the Trustees rededicated themselves to carrying on their developmental and philanthropic initiatives and continuing to play their part in nation-building.
The Trustees also took the time to condole the demise of Ratan Tata, recalling his yeoman services not only to the Tata Group but also to nation-building.
Noel Tata's Leadership and Legacy
Noel Tata's appointment comes into effect immediately. Known for his relatively low-profile leadership, a stark contrast to Ratan Tata's more public-facing role, Noel Tata has been instrumental in driving the conglomerate's growth since he joined the Tata Group in the early 2000s.
He played a pivotal role in the growth of Trent across formats, from a single-store operation in 1998 to over 700 stores across various formats. A graduate from Sussex University (UK), Noel completed the International Executive Programme (IEP) from INSEAD.
Earlier this year, Noel Tata's three children -- Leah, Maya, and Neville -- were appointed as trustees in multiple trusts associated with the Sir Ratan Tata Trust and Sir Dorabji Tata Trust. Leah is currently Vice President at The Indian Hotels while Maya is associated with Tata Capital. Neville is involved in Trent and the leadership team at Star Bazaar.
The Tata Trusts and Their Future
Since 1892, Tata Trusts, India 's oldest philanthropic institution, has been at the forefront of creating lasting impact among communities. Rooted in the visionary philanthropy of our Founder, Jamsetji Tata, the Trusts remain resolute in catalyzing transformative change and leading advancements that uplift communities across the nation.
Noel Tata is married to Aloo Mistry, the sister of the late Cyrus Mistry and a part of the Shapoorji Pallonji family, which is the single largest private shareholder of Tata Sons with more than 18.4 percent holding.
Relations between the Shapoorji Pallonji group and the Tatas have not been warm since the sacking of Cyrus Mistry from the chairmanship of Tata Sons. Tata Sons operates all commercial enterprises in the group and collectively reported revenues of USD 165 billion last year.
The atmosphere was filled with a sense of reverence and gratitude as people remembered Ratan Tata not only for his visionary leadership but also for his commitment to social causes. His final rites were held on Thursday evening with full state honors at the Worli Crematorium in Mumbai.