TV Narendran Named Tata International Chairman, Noel Tata Appointed Chairman Emeritus
Tata International has appointed TV Narendran as its new Chairman, while Noel N Tata has been named Chairman Emeritus, following approval by the company's board of directors.
The appointments took effect on November 12, the company said in a statement.
“Board of Tata International Limited has approved the appointment of Mr. T. V. Narendran as Chairman and Mr Noel N. Tata as Chairman Emeritus of Tata International Limited, effective 12th November 2026,” the statement said.
Commenting on his departure from the chairmanship, Noel Tata said the company had built a legacy of enterprise, resilience and partnerships. He thanked employees for their contributions and wished the organisation well.
Narendran said he would seek to build on the company's existing foundation, strengthen its capabilities and pursue sustainable growth.
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NOEL TATA ALSO STEPS DOWN FROM TATA INVESTMENT CORPORATION
The development follows a separate leadership change at Tata Investment Corporation. The company announced on Wednesday that Noel Tata would retire as its Chairman and Director at the close of business on November 11.
Bahram Vakil assumed the chairmanship on November 12.
In a stock exchange filing, Tata Investment Corporation said the retirement was in accordance with the Tata Group Governance Guidelines, which set out provisions relating to board composition, committees and the retirement of directors.
The company's board also approved the appointment of Abizer Shabbir Diwanji as an Additional Non-Executive Independent Director, effective November 12.
LEADERSHIP CHANGES AMID TATA GOVERNANCE DIFFERENCES
The appointments come amid reported differences between Tata Trusts and Tata Sons over governance and control of the Tata Group.
Tata Sons was reportedly not consulted on the appointment of new chairpersons at several group companies led by Noel Tata, including Tata International, Trent, Tata Investment Corporation and Voltas.
The developments have brought the differences between the two entities into focus, particularly over leadership appointments and the governance of Tata Group companies.
With inputs from ANI