Tata Trusts inducts Noel, Jehangir; Managing Trustee Venkataramanan quits

Committee of Trustees, consisting of Ratan Tata, Vijay Singh and Venu Srinivasan, has been set up with immediate effect to oversee operations and to select a Chief Executive for the Trusts

Tata Trusts, a cluster of charitable organisations controlling 66 per cent of Tata Sons, the holding company of the group, announced a series of top-level changes after a crucial board meeting on Wednesday. The restructuring includes one exit and two fresh inductions into the trust. 

R Venkataramanan (Venkat as he’s often called) stepped down as managing trustee of the Sir Dorabji Tata Trust, while Noel N Tata, chairman of Trent and managing director of Tata International, and philanthropist Jehangir H C Jehangir have been brought in as trustees at the Sir Ratan Tata Trust. 

The entry of 62-year-old Noel Tata,