Who Are the New Additions to the Tata Trusts Board?
Synopsis
Key Takeaways
- Neville Tata and Bhaskar Bhat join the Tata Trusts board.
- Effective from November 12, their term lasts for three years.
- Venu Srinivasan is appointed as Vice Chairman of SDTT.
- Tata Trusts is one of the largest philanthropic institutions in Asia.
- They aim to drive systemic change and socio-economic development.
Mumbai, Nov 11 (NationPress) On Tuesday, Tata Trusts welcomed Neville Tata, the son of Tata Trusts chairman Noel Tata, along with industry veteran Bhaskar Bhat, to the board of the Sir Dorabji Tata Trust (SDTT). This induction, effective from November 12, spans a period of three years.
The Board of Trustees of SDTT also appointed Venu Srinivasan as a Trustee for three years, starting November 12, in accordance with legal and regulatory guidelines, designating him as Vice Chairman of SDTT.
“The Board of Trustees met today and unanimously approved the induction of Mr. Bhaskar Bhat and Mr. Neville Tata as Trustees effective November 12, 2025, for three years,” stated a Tata Trusts announcement.
Neville Tata, 32, who graduated from Bayes Business School, currently serves on multiple boards including the JRD Tata Trust, Tata Social Welfare Trust, and RD Tata Trust. He may also join the Sir Ratan Tata Trust (SRTT), which, alongside SDTT, holds over 51% of Tata Sons.
Meanwhile, Bhat, aged 71, began his professional journey at Godrej & Boyce in 1978 before transitioning to the Tata Watch Project, which later evolved into Titan.
As managing director from 2002 to 2019, he significantly broadened Titan's offerings beyond watches to include eyewear, jewellery, fragrances, and accessories.
Founded in 1892, Tata Trusts stands as India’s oldest and among Asia's largest philanthropic entities.
They have been instrumental in effecting lasting changes in the communities they serve, fostering equity, resilience, and shared advancement.
Motivated by the vision of founder Jamsetji Tata and a legacy of proactive philanthropy, Tata Trusts aims to drive systemic change across various sectors by establishing institutions, enhancing public systems, and promoting socio-economic growth.
Earlier this month, Mehli Mistry announced his resignation as a Trustee of Tata Trusts. In a letter to Noel Tata, he reflected on his commitment to the Trusts' late former chairman, Ratan Tata.
"My commitment to Mr. Ratan N Tata’s vision includes a responsibility to ensure that the Tata Trusts remain free from controversy. I believe that hasty actions could irreparably damage the reputation of Tata Trusts," he stated in his letter.