Cyrus Mistry

January 9, 2012 June 10, 2018

Cyrus Mistry : New chairman-designate of Tata Group

Cyrus Pallonji Mistry is the new deputy chairman and chairman-designate of Tata Group and its holding company Tata Sons. This designation has made him first non-Indian national to head the Indian conglomerate.
Mistry will work with the current chairman Ratan Tata for one year and begin serving as chairman in December 2012.
Mistry will be the sixth chairman of the group and the second not named Tata after Sir Nowroji Saklatvala.
Cyrus Mistry, 43, is the son of construction tycoon Pallonji Shapoorji Mistry. Valued at $8.8 billion, Pallonji holds an 18.5 per cent stake in Tata Sons, making him the single largest shareholder.
He is married to Rohika Chagla, the daughter of lawyer Iqbal Chagla. He has an elder brother – Shapoor Mistry and one of his sisters is married to Noel Tata, Ratan Tata’s half-brother.
He has been a director of Tata Sons since September 1, 2006. He served as a Director of Tata Elxsi Limited, from September 24, 1990 to October 26, 2009 and was a Director of Tata Power Co. Ltd until September 18, 2006.
He serves as Chairman of the Board of Shapoorji Pallonji Group and Afcons Infrastructure Limited. He also serves as Director of various companies including – Forvol International Services Ltd, Shapoorji Pallonji & Co. Ltd, Cyrus Investments Ltd, Shapoorji Pallonji Power Co. Ltd, Buildbazaar Technologies (India) Pvt Ltd, Sterling Investment Corporation Pvt. Ltd, Samalpatti Power Co. Pvt. Ltd, Shapoorji Pallonji & Co. (Rajkot) Pvt. Ltd, Shapoorji Pallonji Finance Ltd, Shapoorji Pallonji Infrastructure Capital Co. Ltd, Oman Shapoorji Construction Co. Ltd and Muscat Pallonji Shapoorji & Co. Pvt. Ltd. He has been a Non-executive Director of Forbes Gokak Limited since June 23, 2003.
Mistry is Fellow of the Institute of Civil Engineers. He holds BE (Civil Engineering) from Imperial College, London and Master of Science in Management from London Business School. He holds a Bachelor of Commerce from Mumbai University.
An avid golfer, Mr Mistry is also a founder member of the Construction Federation of India. He is a trustee of the Breach Candy Hospital Trust, Mumbai. He is also on the board of Imperial College India Foundation.