Pramit Jhaveri makes comeback, to join Tata-run NCPA board

MUMBAI: Pramit Jhaveri is set to be back in the Tata Trusts ecosystem—but through a different door. He will be joining the board of the National Centre for the Performing Arts (NCPA) as an independent member, marking his return to one of Trusts’ most prestigious institutions.

The former Citibank India chief stepped down as a trustee of the Sir Dorabji Tata Trust in Feb, choosing not to seek reappointment when his term expired. He previously sat on the NCPA board as an SDTT nominee and informed the NCPA that he would resign from it since he had left SDTT. But no board meeting was held between Feb—when his SDTT term ended—and June 28, so his resignation was never formally tendered. He continued on the board in the intervening months.

At Monday’s NCPA board meeting, the first item on the agenda was accepting his resignation as a Trusts nominee. The second was appointing him as an independent member. The gap between the two, as one person puts it, was five minutes. Noel Tata, the Trusts chairman, had separately approached Jhaveri about rejoining NCPA in an independent capacity. Trusts previously held three nominee seats on NCPA board—Jhaveri, Jehangir Jehangir and Mehli Mistry. After Mistry’s terms at SDTT and the Sir Ratan Tata Trust were not renewed, he resigned from NCPA; trustee Vijay Singh was appointed in his place. Jehangir continues.