Noel Tata has been appointed as the chairman of Tata Trusts, the philanthropic arm of the Tata Group, according to an ET Now report. He succeeds his half-brother Ratan Tata, who passed away this week at the age of 86.
With this new role, Noel becomes the 11th chairman of the Sir Dorabji Tata Trust and the sixth chairman of the Sir Ratan Tata Trust.
Noel is the son of Naval H. Tata and Simone N. Tata and is a half-brother to Ratan Tata. Previously, he served as a trustee of both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, which together possess a substantial 66% stake in Tata Sons, the holding company for the diversified Tata Group.
In the wake of Ratan Tata’s death, there has been increased attention on the leadership of the Trusts. As the largest public charitable foundation in India, the boards of Tata Trusts needed to appoint a new chairman from among the existing trustees, as Ratan Tata did not designate a successor before his passing.