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Tata Trusts Managing Trustee Venkataramanan to quit on March 31

IANS  |  Mumbai 

Managing of Trusts R. has decided to quit after completing his tenure, said an here on Wednesday.

has requested the Trusts and Trustees that since he was completing five years in the post soon and was exploring other options, he should be relieved from his current responsibilities, the said.

Accordingly, Trustees' meeting on Wednesday accepted Venkataramanan's request and he will relinquish his duties on March 31, 2019.

A committee of Trustees, comprising Trusts and Vice-Chairmen Vijay Singh and Venu Srinivasan, has been set up to oversee the operations and select a new to replace

"placed on record the significant contribution of Venkataramanan in steering and executing the objectives of the Trusts' portfolios over the last five years. In addition to interventions through grants, now also pursues large-scale programmes through direct implementation and partnerships with multiple state governments and foundations," the said in a glowing tribute to the outgoing managing

Additionally, new trustees were appointed for the The new trustees are Noel N. Tata, of and of Tata International, and Jehangir H.C. Jehangir, who is leading the mission at the in Pune.

Set up in 1892, the is the country's oldest philanthropic organisation, engaged in areas of and nutrition, water and sanitation, education, energy, rural upliftment, urban poverty alleviation, arts, crafts and culture.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 13 2019. 19:28 IST
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