Bain Capital's Amit Chandra to join Tata Sons' board
29 Aug 2016
Expanding its board further, Tata Sons has appointed private equity firm Bain Capital's managing Director Amit Chandra as a non-executive director, effective 26 August.
Following the appointment, the company now has a total of nine members.
Tata Sons is the holding company of the Tata Group comprising ovewr 100 independent operating companies in over 100 countries.
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 was with DSP Merrill Lynch and retired as its board member and managing director in 2007.
After completing his undergraduate degree in electrical engineering from Bombay University, he worked at Larsen and Toubro (L&T). Chandra received his MBA from Boston College, and was coferred the School's Distinguished Alumni Award in 2007.
Chandra serves as a trustee on several Tata Trusts and is a member of the board of directors of Genpact, L&T Finance, Tata Investment Corporation, Emcure Pharmaceuticals, Akanksha Foundation and GiveIndia. He is also founder and member of the board of Ashoka University.
Earlier this year, he was named in the Forbes 'Asia's Heroes of Philanthropy' List.
With Chandra's appointment, the Tata Sons board now has 9 directors, including Venu Srinivasan and Ajay Piramal who were appointed non-executive directors on 25 August (See: Tata Sons names Venu Srinivasan, Ajay Piramal as non-executive directors ). While Srinivasan is the chairman of Sundaram-Clayton and TVS Motor Company, Piramal is the chairman of Piramal Group and the Shriram Capital.
The other Tata Sons Board Members include Cyrus P. Mistry (chairman), Ishaat Hussain, Vijay Singh, Prof Nitin Nohria, Ronen Sen and Farida Khambhata.
