According to a letter sent to Tata Trusts chairman Noel Tata, Pramit Jhaveri will resign as a trustee of the Sir Dorabji Tata Trust at the conclusion of his current tenure on February 11, 2026. Jhaveri stated in his letter dated January 31 that he declined to be considered for reappointment upon the conclusion of his tenure. After being invited by the late Ratan Tata to join the board, he stated that he has been a trustee since February 12, 2020.The decision was formally conveyed by the former CEO of Citibank India, who stated that it had been previously discussed with Noel Tata. He thanked Tata Trusts for the opportunity to serve on the board and wished them well in the future.Tata Trust Going Through Challenging TimesThe decision made by Jhaveri coincides with the ongoing visible leadership and governance transitions at Tata Trusts. Long-serving trustees and individuals who were perceived as close to the late Ratan Tata have either resigned or failed to secure reappointment in recent months, while new members have been welcomed. Companies and nonprofits are wondering if the trusts are ditching their informal, consensus-driven approach.Tata Trust is now in favour of a more formal, vote-based model of… Read MoreStartupTalky- Business News, Insights and Stories
