India’s oldest, non-sectarian philanthropic organization, Tata Trusts has announced changes in its leadership team. In line with that, it has nominated Mehli Mistry as a trustee. He is a cousin of former Tata Sons chairman Cyrus Mistry.
A highly placed official said, “The appointments are part of Ratan Tata’s larger objective to ensure that larger critical causes are pursued by the Trusts in areas such as malnutrition, cancer treatment, sanitization, and education.”
“He has been making it very clear that goals must be bigger and impactful and that energies cannot be wasted on smaller projects. The addition of people on the trusts are those who are competent and have the right experience and knowledge to help the Trust do that,” the official added.
It has also notified that N Srinath is retiring on superannuation this month. Post his retirement the trusts have initiated a search for a new CEO. He has been associated with the Tata Group for more than 36 years.
However, the company has not made any announcement regarding N Srinath’s successor. However, the company will oversee the investment activities comprising chairman Ratan Tata and vice-chairmen Vijay Singh and Venu Srinivasan.
N Srinath has led various roles while working with the organization. He has been elevated from the executive office of Ratan Tata to the CEO of the Tata Trusts.
N Srinath has also served as the CEO/MD of Tata Internet Services, Tata Communications Limited (formerly VSNL), and Tata Teleservices Limited.
During his tenure with Tata Trusts, N Srinath has played a very important role in the trusts’ focus on the pandemic. This included creating medical infrastructures such as hospital beds, oxygen capability , and many more.
