Tata Trusts appoints Siddharth Sharma as Chief Executive Officer
Siddharth Sharma has been appointed as the new Chief Executive Officer of Tata Trusts. He will be responsible for setting and maintaining strategic direction, ensuring effective use of funds, allocating investments across sectors, identifying and building top-tier government relations, and managing relationships with funders.
Rashtriya Swayamsevak Sangh (RSS) member and Tata Trusts vice chairman Prakash Chandra Mittal today appointed Siddharth Sharma as its new CEO. He will also be the chairperson of the group, which also includes Tata Sons and Tata Consultancy Services.
Sidharth Sharma, age 26, is the youngest CEO in the corporate world to have been selected for the post of chief executive officer of Tata Trusts. He has been associated with Tata Trusts as a director since 2009 and. It was elevated to executive director in 2012.
Tata Trusts, the country’s largest philanthropic foundation, has named the Sudharshan Towers as its newest initiative at its headquarters in Mumbai. Dr. Tata Trusts, India’s largest philanthropic organization. Today announced it appointed Mr. Siddharth Sharma as CEO of the Group following a three-month tenure of Mr. Nitin Nohria at the helm of affairs for the Group in January 2019.
Tata Trusts new Chief Executive Officer appointment
Company announced the consultate of Sidharth Sharma as the Chairman and Managing Director. Tata Trusts comprises several Tata companies, such as Tata Consultancy Services (TCS), Tata Motors, and Tata Global Beverages. With over $1 billion in annual revenues and a presence across five continents. TCS is one of India’s leading IT services companies and an official Gold Standard Partner for Dell EMC. The company also has interests in education systems and healthcare solutions under its umbrella brand, Tata Education Foundation.
Siddharth Sharma, director, and senior vice-president, of Tata Trusts.
It has been appointed as the Chief Executive Officer of Tata Trusts Sharma has spent his career with the Tata group in a variety of roles including business head and executive vice president. He was responsible for managing human resources and financial departments at Infosys Ltd.
Farooqui who retires on 26 June 2017 after 34 years of service with the organization. The appointment is effective from 1 July 2017. And It will be in charge of managing Tata Trusts. Its business portfolio, and external engagements such as investments and grants. After working for ITC Limited for over 25 years and being instrumental in shaping its strategy and operations, he moved to Tata Steel where he was Group CFO for 8 years. He then joined Tata Sons as Head-Corporate Strategy in 2007.
Siddharth Sharma CEO Profile
He takes over from A.M. Naik, who will continue to lead the organization as acting CEO. A lawyer by profession, Sidharth has held various leadership positions including heading the World Bank Free Trade Mission to India. Where he co-chaired the Coalition for Free Trade with Prime Minister Narendra Modi from 2014-2017. He joined Tata Sons in 2009 after working in private equity and on several public policy issues including intellectual property rights and corporate governance for Infosys at NHC Group Plc until 2008.
He will lead the Group’s day-to-day operations on behalf of the trustees and lead the planning, strategy, and execution of strategic initiatives, replacing the outgoing Rakhi Giri. The appointment is by the Tata board of trustees at its meeting on January 11 and is effective immediately.
Tata Trusts company profile
Tata Trusts and the Post Graduate Institute of Medical Sciences and Research have signed a Memorandum of Understanding for creating a Centre for Excellence in Cancer Research, Education, and Clinical Care in Mumbai. Siddharth Sharma is selected as the next CEO of Tata Trusts. Its with overall responsibility for operations, strategy, and accountability. The prestigious institution is one of the largest charitable trusts in India.
And its a private sector body with a vast reach across communities and societies.
He will take over from Ratan Tata on August 28, 2013. He will be a part of the management. It will also play a key role in ensuring that the organization continues to pursue its objectives. The largest public charity in India, today announced the appointment of Siddharth Sharma as Chief Executive Officer for this Trusts.
Sharma appointed as the new CEO of Tata Trusts
Mr. Sharma started his career as an intern at Tata Steel in 1989. He already worked in several divisions at Tata Steel. Where he rose through organizational ranks to become a divisional general manager. He has also served as executive director for business areas such as sustainable growth strategies, corporate development, and human resource management at Tata Steel.
It is one of India’s largest charitable trusts that seeks to promote education, health care, and economic advancement in the country. In an official statement, the charity said that Siddharth Sharma would be replacing Dr. G.R.L. Rao as its new CEO beginning in February 2019.