tata group: N Srinath, CEO of Tata Trusts and a Tata Group veteran, retires| Roadsleeper.com
During his tenure, the Tata Trusts have played a key role in their focus on the pandemic, including creating medical infrastructure such as hospital beds and oxygen capacity in addition to the existing efforts in supply, water and sanitation, education, cancer care and health.
“Srinath has been with the Tata Group in many avatars, from the Executive Office of Mr. Ratan Tata to the CEO of Tata Trusts, he has achieved many milestones along the way. Since joining Tata Administrative Services in 1986, Srinath has held senior positions in various Tata- companies in the ICT sector. He has also served as MD/CEO of Tata Internet Services, Tata Communications Limited (formerly VSNL) and Tata Teleservices Limited” according to an official statement by Tata Trusts.
Tata Trusts appointed Tata group veteran Srinath Narasimhan as its first managing director in February 2020, signaling a shift to more professional leadership at the Trust. The post of Managing Director was created and the search for a suitable candidate began after R. Venkataramanan stepped down. down as executive trustee in 2019. During the search period, Tata Trust’s business was managed by Ratan Tata, Chairman of Tata Trusts, along with a core group of officers. The search which lasted for about 10 months was conducted by a committee headed by him. Narasimhan was also the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd. Tata Trusts, which owns 66% of Tata Sons, was previously headed by a managing trustee, along with 20 trustees.
Mehli and the late Cyrus Mistry’s mothers are sisters but relations between the cousins had soured after the latter became chairman of Tata Sons in 2012. Mehli Mistry, seen as a confidant of Ratan Tata, runs a dozen companies with interests ranging from paint distribution to logistics, travel and car dealers.
