Noel Tata — the half-brother of late Rata Tata — who takes over as Chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate.
Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts — broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts — that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
He is a Trustee on the boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.
His appointment as Chairman of Tata Trusts comes after the death of Ratan Tata late on Wednesday evening due to age-related health conditions.
