Archive · 1 Feb 2026
Pramit Jhaveri to Step Down as Trustee
Pramit Jhaveri, who has been a trustee of the Sir Dorabji Tata Trust since 2020, has decided not to continue in this role when his term ends in February 2026.
He wrote a letter to Noel Tata, the chairman of Tata Trusts, expressing his gratitude for the opportunity and wishing the Trusts well for the future.
Jhaveri was initially invited to join the board by the late Ratan Tata.
The announcement was made on January 31, 2026.
Jhaveri is a veteran banker and former CEO and MD of Citibank India.
The Sir Dorabji Tata Trust is one of the core philanthropic arms of the Tata Group and holds a significant stake in Tata Sons, the group's holding company.
Pramit Jhaveri has decided not to seek reappointment as a trustee of the Sir Dorabji Tata Trust after his current term ends on February 11, 2026.
Jhaveri was appointed as a trustee by the late Ratan N Tata in February 2020.
He communicated his decision in a letter to Noel Tata, chairman of Tata Trusts, dated January 31, 2026.
Jhaveri expressed gratitude for the opportunity and best wishes for the Trusts' future.
The Sir Dorabji Tata Trust, one of the core philanthropic arms of the Tata Group, holds a significant stake in Tata Sons, the group's holding company.
- Who
- Pramit Jhaveri
- What
- Declined reappointment as trustee of Sir Dorabji Tata Trust
- When
- Term ends on February 11, 2026
- Where
- India
- Why
- Personal decision, no specific reason given
- Name
- Pramit Jhaveri
- Position
- Trustee of Sir Dorabji Tata Trust
- Term End Date
- February 11, 2026
- Appointed By
- Late Ratan N Tata
- Appointment Date
- February 12, 2020
- Recipient of Letter
- Noel Tata
- Recipient's Position
- Chairman of Tata Trusts
- Announcement Date
- January 31, 2026
- Additional Recipients
- Trustees of Sir Dorab Tata Trust and Siddharth Sharma (CEO of Tata Trusts)
- Background
- Veteran banker and former CEO and MD of Citibank India
Sources
Pramit Jhaveri opts out of reappointment as Sir Dorab Tata Trust trustee
Former Citibank India CEO Pramit Jhaveri not to seek another term at Sir Dorab Tata Trust
Pramit Jhaveri to step down as trustee of Sir Dorabji Tata Trust in February: Report
Pramit Jhaveri to step away from Tata Trusts after tenure ends