Business

Tata Trusts appoint Siddharth Sharma as new CEO & Aparna Uppaluri as COO

Tata Trusts appointed Siddharth Sharma as the Chief Executive Officer (CEO) of the Trusts and Aparna Uppaluri as the Chief Operating Officer (COO), on Tuesday. Their appointment will be in effect from 1st April 2023.

The 54-year-old Sharma, the Chief Sustainability Officer at Tata Sons, will succeed N Srinath, who stepped down from the CEO’s post in 2022 following his retirement.

Siddharth Sharma was in government service for nearly two decades and acted as financial advisor to the 13th and 14th Presidents of India, while Aparna Uppaluri has exposure to strategic planning development in philanthropy.

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The company will create the COO post for the first time to accommodate Uppaluri, who is currently the program director for India, Nepal, and Sri Lanka at the Ford Foundation.

“Uppaluri is a well-regarded professional with exposure in strategic planning and program development in the fields of philanthropy, women’s rights, public health, arts, and culture,” Tata Trusts said.

“With over twenty years of leadership and management experience, she has led the grant-making initiatives at the Ford Foundation to advance programmatic commitment to strengthen gender justice and has also served as Program Director to oversee different verticals at the Ford Foundation”, the statement further added.

An overview of Tata Trusts

Tata Trusts owns a 66 percent stake in Tata Sons, the principal holding entity of Tata’s group of companies.  The Trust has, for about a century, been instrumental in development processes, providing grants to institutions in the areas of rural livelihoods and communities, education, health, enhancing civil society and governance, and arts, crafts, and culture.

Established in 1868, Tata Group is India’s largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents.

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Spriha Rai

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