Noel Naval Tata was named the Chairman of Tata Trusts on Friday, October 11. The development comes two days after Noel Tata's half-brother and the trusts' chairman Ratan Tata passed away owing to age-related health complications in Mumbai.

The decision to appoint Noel Tata as the new chairman was taken in a meeting of the trustees of Tata Trusts in Mumbai on Friday. The trustees expressed their sorrow at the passing of Ratan Tata, who was not only a successful industrialist but also one of the biggest philanthropists of the country, and remembered his outstanding contributions to both nation-building and the Tata Group.