Tata group is planning on a succession plan and may induct Tata Sons chairman N Chandrasekaran as one of the trustees for Tata Trusts, Business Standard reported.

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Chandrasekaran, who assumed the post in January 2017, could also be subsequently named vice-chairman of Tata Trusts, the report said citing unidentified sources. Presently Tata Trusts is chaired by Ratan Tata.

N A Soonawala and RK Krishna Kumar, the former Tata Sons directors and trustees, are also considered for the position of the vice-chairmanship, the report said.

Earlier, Tata Trusts and Tata Son had a single chairman till the time Ratan Tata headed the group. This changed soon after when Cyrus Mistry chaired the Tata Sons in December 2012, while Ratan Tata continued to head the trust, the report added.

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First Published:Sept 27, 2018 11:55 AM IST