Noel Tata was appointed chairman of Tata Trusts on Friday, following the death of his brother Ratan Tata at the age of 86. At 67, Noel becomes the 11th chairman of Sir Dorabji Tata Trust and the sixth chairman of Sir's Ratan Tata Trust.
His appointment is significant, as the Tata Trust holds a 66% stake in Tata Sons, the holding company of the Tata conglomerate with more than 150 years of assets.