Although Chandrasekaran is the Chairman of the Tata Group, India's largest business conglomerate, many members of the Tata family are in charge of managing the company.
Noel Tata is one of the most important members of the Tata family in the Tata Group following Ratan Tata.
He has been the CEO of several companies and is currently a member of the Board of Directors, leaving direct management positions.
Noel Tata
Noel Tata has stepped down from his direct management position and has taken over as CEO of Tata International. The most important reason for making this decision was his age. noel Tata has resigned from the Tata Group as per his retirement policy.
Age Limit As per the rules of Tata Group, the Chairman of the Board should not be above 65 years of age and should not be eligible for all board posts above the age of 70 years and should resign from the post beyond the specified age limit. According to this, noel has left all direct management responsibilities to Tata at the age of 65.
The main task
Noel is currently the non-executive chairman of Tata Trent, Tata Investment, Voltas, Tata international and vice president of Titan.
Trend Company
The Tata Group's retail division is headed by noel Tata, who owns Westside, Zudio and Star Bazaar franchises under Trent. It is noteworthy that all this was developed from the beginning under the leadership of noel Tata.
Tata Trust
With noel Tata stepping down from direct management positions, it looks like Tata Trust will have a more important role to play as a trustee in the future. noel Tata has been heading and managing the Trent business division since 1999.