Pramit Jhaveri, trustee of the Sir Dorabji Tata Trust, has formally informed Tata Trusts chairman Noel Tata that he will not seek re-appointment after his current term ends on February 11, 2026. The Economic Times informed

In a letter dated January 31, Jhaveri said the decision, which had previously been discussed with Noel Tata, was being formally communicated, according to the E.T report He described his tenure as trustee since 12 February 2020, following an invitation from the late Ratan N Tata, as an honour.

The letter was also addressed to the Trustees of Sir Dorab Tata Trust and Siddharth Sharma, Managing Director of Tata Trusts. Jhaveri extended his best wishes to the Trusts for the coming years.

Jhaveri, a veteran banker and former CEO and managing director of Citibank India, joined Tata Trusts in 2020 after retiring from Citi in 2019, capping a banking career spanning more than three decades with the US financial services giant.

The Sir Dorabji Tata Trust, one of the core philanthropic arms of the Tata group, has a significant stake in Tata Sons, the group’s holding company. Along with the Sir Ratan Tata Trust, it owns more than 51% of Tata Sons.

In recent months, the Tata Trusts, which collectively own more than 60% stake in Tata Sons, have seen internal differences become more visible during discussions among administrators.

About the Sir Dorabji Tata Trust

Founded in 1932 by Sir Dorabji Tata, the eldest son of Tata Group founder Jamsetji Tata, the Sir Dorabji Tata Trust is one of India’s oldest and most influential philanthropic foundations. The Trust was established with a personal endowment from Sir Dorabji Tata, who gave almost all of his wealth, including his shares in Tata Sons, jewelery and other personal assets, to support the public good.

Mission and focus areas

The Trust’s mission is to promote sustainable development and social justice in India. Over the decades, it has funded initiatives in:

• education
• healthcare
• means of life
• Arts and Culture

Social justice and strengthening of civil society

The Trust has played a vital role in the creation and support of important institutions such as:

• Tata Memorial Hospital (Cancer Care and Research)
• Indian Institute of Science (IISc) in Bangalore
• Tata Institute of Social Sciences (TISS) in Mumbai
• Governance and Influence

Along with the Sir Ratan Tata Trust, the Sir Dorabji Tata Trust is one of the major shareholders of Tata Sons, which jointly owns more than 51% of the holding company that controls the Tata group. This gives the Tata Trusts not only a significant philanthropic reach, but also a strong influence on the business direction of the group.