Noel Naval Tata, Ratan Tata’s half-brother, is the new chairman of Tata Trust. He has been associated with the Tata Group for over 40 years and was appointed the new chairman following Ratan Tata’s demise on October 9th.
Prior to this, he was in charge of several Tata Group businesses. The chairman of Tata Investment Corporation, Voltas, and Tata International Limited is Noel Naval Tata. Now the vice chairman of
- Tata Steel
- Titan Company Limited
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Noel Naval Tata’s Journey to Chairman of Tata Trusts
Noel Tata’s journey to the chairman position of Tata Trusts was not forced or hasty. When he became a trustee of the Sir Ratan Tata Trust in 2019, everyone recognized his leadership potential.
Born in 1957, Noel-son of Naval Tata and his second wife Simone Tata, a Swiss-Indian businesswoman. He earned a bachelor’s degree from the University of Sussex. He has also attended the International Executive program at INSEAD Business School in France.
Noel Tata always favored working in the company’s background as opposed to his brother Ratan Tata. Additionally, he was not involved in all business decisions or the public spotlight. When he joined Trent in 1988, it had only one store in India, but as of now, the company has 700 stores across the country.
He contributed to the growth of the Tata Group’s International Retail. His role helped Trent become a brand with a substantial value of USD 2.8 crore. He also helped increase the value of Tata International from a USD 4,000 crore valuation to an amazing USD 24,000 crore mark.
Noel Naval Tata: Understanding Tata Family Lineage
The Tata family has a legacy spanning more than 150 years. The first member of the Tata family, Nusserwanji Tata, was a Parsi priest before paving the way for what is now an expanded business. Following his death, his eldest son, Dorabji Tata took over the leadership.
It was Ratanji Tata, the younger son of Dorabji Tata, who expanded the Tata Group’s textile business. His biological son, J.R.D. Tata led the group for a while. Naval Tata was recently adopted by Ratanji Tata at the age of 13 from the Petit Parsi orphanage.