Noel Tata s children - Leah, Neville, and Maya - have been appointed to the boards of five philanthropic organisations of Tata Trusts, which oversees the $150-billion Tata group.
The move is being seen as part of the Trusts succession plan.
Noel Tata s wife Aloo is the daughter of Pallonji Mistry, whose family owns an 18.5 per cent stake in Tata Sons, the holding company of Tata group.
Tata Chairman Emeritus, Ratan Tata is one of the most loved and respected businessmen of India. His success story is one that will inspire generations to come. The Tata family is full of achievers, who stay away from the limelight and let their work speak for themselves.
Ratan Tata and his brothers Jimmy Tata and Noel Tata were already in the boards of several entities under the Tata Trusts and now, the chairman emeritus has brought in the young Tata blood to take the organisation forward.
The Tata Trusts, overseeing the $150-billion Tata Group, have appointed Noel Tata s three children - Leah, Maya, and Neville - to the boards of its five philanthropic organizations. This move aims to introduce younger members into the leadership of the Trusts. These appointments mark the first time six members of the Tata family are actively involved in the Trusts, with Jimmy Tata and Noel Tata also holding positions on various Trust boards. Leah, Maya, and Neville have held managerial roles in Tata operating companies and will retain these positions alongside their new trusteeship responsibilities.