Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust

Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement.

|Feb 12, 2020, 17:45:43 IST

New Delhi: Tata Trusts on Wednesday said its trustees have decided to appoint Srinath Narasimhan as the chief executive of the Trusts with effect from 1 April 2020.Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement.[caption id="attachment_4338547" align="alignleft" width="380"]

Representational image. Reuters.[/caption]Having joined the Tata Administrative Services (TAS) in 1986, Narasimhan has held various assignments in the Tata group, including as the managing director of Tata Communications Ltd, it added.The trustees also appointed Pramit Jhaveri, former chief executive officer of Citi India and former vice chairman of banking, capital markets and advisory for Asia Pacific, as a Trustee of the Sir Dorabji Tata Trust.His appointment is effective from 12 February 2020, it added.Tata Trusts hold 66 percent of the equity share capital of Tata Sons, the principal investment holding company and promoter of Tata companies.Started in 1892, Tata Trusts support education, health, livelihood generation, and art and culture through its various philanthropic initiatives.

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Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust

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Air India to cut Delhi-Toronto flight time by 3 hours, resume non-stop services from August 1

South Korea economy grows faster than expected in Q2 as chip exports power recovery

India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin

Iran war could cut global growth by more than half: World Bank’s chief economist Indermit Gill

Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range