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Tata Sons, the holding company of the Tata Group of companies, has appointed private equity firm Bain Capital’s Managing Director Amit Chandra as non-executive director. The appointments, effective Friday, increases the total number of the company’s board members to nine.
Chandra is a trustee on several Tata Trusts and is a director of Genpact, L&T Finance, Tata Investment Corporation, Emcure Pharmaceuticals, Akanksha Foundation and GiveIndia. He is also founder and board member of Ashoka University.
Earlier this year, he was named in the Forbes ‘Asia's Heroes of Philanthropy’ list.
Amit Chandra had joined Bain Capital as Managing Director in early 2008 and is part of the firm’s leadership team in Asia. Prior to joining Bain Capital, Chandra spent most of his professional career at DSP Merrill Lynch and retired as its board member and Managing Director in 2007.
With Chandra’s appointment, the Tata Sons Board now has nine Directors.
On Thursday, Tata Sons had named industrialists Venu Srinivasan (Chairman of TVS Motor and Sundaram-Clayton) and Ajay Piramal (Chairman of Piramal and Shriram groups) as non-executive directors on its board
The other Tata Sons Board Members include Cyrus P. Mistry (Chairman), Ishaat Hussain, Vijay Singh, Prof. Nitin Nohria, Ronen Sen and Farida Khambhata.
The Mumbai-headquartered Tata group comprises more than 100 independent operating companies, with presence in a hundred countries.
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