Tata Trusts moves forward to prepare the next generation for key roles

Requesting anonymity, the person said the decision to induct three Tata Trusts executives on the Tata Medical Center board would help prepare them for bigger roles. The appointments have become effective from October 31. Ratan Tata, Vijay Singh and Mehli Mistry were already on the board of the Tata Medical Center Trust, which runs a cancer hospital in Kolkata. Incorporating them into a smaller trust within the Tata Trusts is also seen as a way for the three to do things their own way. With his appointment, the number of trustees in the Tata Medical Center Trust has doubled.

An emailed query to the trustees of Tata Medical Center Trust did not elicit any response till press time.

Tata Medical Center is a philanthropic initiative aimed at helping cancer patients from East and Northeast India and Bangladesh. It started operations in 2011 and runs a 431 bedded hospital. The hospital was established in Kolkata as cancer patients from East and North East had to go to Mumbai for treatment. The families of Ratan Tata and Noel Tata have built up a good relationship in recent years, with former family meets present on the occasion.

Noel Tata’s eldest daughter Leah studied marketing at IE Business School in Madrid and is the manager responsible for growth and expansion at Indian Hotels Company Limited. Maya works at Tata Digital, a Tata Group venture in the digital space, while Neville is associated with retailer Trent Limited, which was founded by his grandmother Simone, and is currently led by his father.

All three are working in middle management roles as the elders in the family felt they needed to climb the ladder. Noel Tata, chairman of retail chain Trent & Voltas Ltd., recently said in an interview that his children have the option of joining various firms in the group, and as a father, he encouraged them to pursue their passion. encouraged, as he did. most of his career.