30 August 2016 Current Affairs: Amit Chandra, Managing Director, Bain Capital has been appointed as a Non-Executive Director of Tata Sons with effect from August 26th, 2016.
Amit Chandra joined Bain Capital as Managing Director in early 2008 and is part of the firm's leadership team in Asia. He received his undergraduate degree in Electrical Engineering from VJTI, Bombay University, following which he worked at Larsen and Toubro (L&T).
Mr. Chandra received his MBA from Boston College, and was awarded the School's Distinguished Alumni in 2007. Prior to joining Bain Capital,Chandra spent most of his professional career at DSP Merrill Lynch and retired as its Board Member and Managing Director in 2007.
He 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 & Board Member of Ashoka University. Earlier this year, he was named in the Forbes "Asia's Heroes of Philanthropy .
With Amit Chandra's appointment, the Tata Sons Board now has 9 Directors, including Venu Srinivasan and Ajay Piramal who were appointed Non-Executive Directors on August 25th, 2016. The other Tata Sons Board Members include Cyrus P. Mistry (Chairman), Ishaat Hussain,. Vijay Singh ,Nitin Nohria, Ronen Sen and Farida Khambhata.
Given the rich legacy of the Tata Group, in service of the nation, it's indeed a privilege to represent the Tata Trusts and serve on the board of Tata Sons .