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Noel Tata to succeed Ratan Tata, unanimously appointed Chairman of Tata Trusts

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- Noel Tata has been unanimously appointed as the Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away on October 9, 2024. The decision was made during a board meeting in Mumbai. - Tata Trusts holds a controlling 66% stake in Tata Sons, making its leadership crucial for the governance of the Tata Group. The board's decision aligns with Ratan Tata's philosophy of ensuring continuity in leadership. - With over 40 years in the Tata Group, Noel Tata has served in various capacities, including Managing Director of Trent, where he significantly expanded the company's retail presence. - Unlike Ratan Tata's public-facing approach, Noel is known for his calm, understated leadership, focusing on steady business growth and long-term vision. - Noel Tata graduated from Sussex University and completed the International Executive Programme at INSEAD. His extensive experience and strong family ties to the Tata Group position him well for his new role.