Who was appointed the new chairman of Tata Trust after the demise of Ratan Tata?
Ratan Tata ji breathed his last on 9th October, and the entire nation is deeply saddened by his death. But a question has also come up that who will take over the Tata Group next?
Noel Tata, the half-brother of the late Ratan Tata, has been appointed as the new chairman of Tata Trusts following Ratan Tata’s passing on October 9, 2024
Ratan Tata, a great personality of Indian business, passes away at the age of 86
He leaving behind a legacy that includes his leadership of Tata Trusts, which control over 50% of Tata Sons, the holding company of the Tata Group
Noel Tata, already a key figure in the Tata Group, had been long anticipated to succeed Ratan Tata due to his extensive experience and leadership roles across various Tata companies such as Trent, Voltas, and Tata International
His appointment now brings clarity to the future leadership of Tata Trusts, one of India’s largest philanthropic organizations
Under his leadership, Tata Trusts will continue to oversee significant charitable initiatives
which contributed around ₹456 crore in donations during the 2022-23 fiscal year