Two names are being mentioned for position on board of Tata Sons. Pramit Jhaveri, former CEO of Citi India and Tata Group’s Noel Tata are the likely top contenders for the positions, Moneycontrol said citing sources.
The vacancies have arisen as Tata Sons’ board member Farida Khambata’s term will end soon. Farida Khambata could be considered on the boards of both Tata Steel and TCS after her tenure at Tata Sons board comes to an end, the report said citing sources.
In February 2020, 58 year-old Jhaveri joined the board of Sir Dorabji Tata Trust--one of the two main Tata trusts that holds a significant stake in Tata Sons, as a trustee. He was recently appointed as a senior advisor to Wall Street boutique investment bank PJT Companions. In January 2021, he took on the role of Advisor to Premji Invest. He is also a trustee on the board of New York-based World Monuments Fund.
Earlier, Jhaveri was one of the longest serving India heads of the Citibank. He retired as CEO of Citi in India in 2019.
Noel Tata is Chairman of Trent (Westside) and Tata Investment Corporation; Managing Director of Tata International, and Vice Chairman of Titan Company.
