Director of Tata Sons & Tata Industries
Farrokh Kavarana, a director of Tata Sons and Tata Industries, is the chairman of Tata AIG Life Insurance and Tata AIG General Insurance, Tata Asset Management (The Tata Mutual Fund), Tata Projects, and Trent. He is also a director of several other Tata Group companies such as Tata Tea and Titan Industries, as well as Tata and non-Tata companies overseas.
Mr Kavarana started his Tata Group career in 1975 as director of Tata Industries and managing director of Tata International AG / Tata AG in Switzerland, and soon thereafter of Tata Limited, London, with the responsibility for overseeing the Group's investments and activities overseas. In 1994 he was appointed executive director of Tata Motors, and in 2000 he became executive chairman of Tata Infotech until its merger with TCS in 2005.
Prior to joining the Tata Group, between 1970 and 1974, Mr Kavarana was with McKinsey & Co Inc in London and Washington DC, and advised leading international financial institutions in the UK, Europe, Middle East and N America including the World Bank. In 1974-75, he was a director of the European subsidiaries of The Bowater Corporation.
Mr Kavarana received a B Com (Hons) degree from the University of Bombay and an MBA from the Wharton School, University of Pennsylvania. He is a Fellow of the Institute of Chartered Accountants in England and Wales.
He is a trustee of the Childline India Foundation, the National Centre for the Performing Arts (NCPA), the Nani A Palkhivala Memorial Trust and the Lady Tata Memorial Trust. He is a recipient of the Dadabhai Naoroji Millennium Award 2005.
Mr. Farrokh K. Kavarana serves as the Chairman of several Tata Companies in India and abroad, notably Tata AIG Life Insurance Co. Ltd, Tata AIG General Insurance Co. Ltd, Tata Projects Ltd., Tata Tea Extractions Inc., Tatatech Inc. Mr. Kavarana served as Chairman of the Board of Tata AIA Life Insurance Company Limited until June 2014. He served as the Chairman of the Board of Tata Capital Limited. Mr. Kavarana serves as a Director of Tata Sons Limited. He has been an Independent Director of ACC Limited since May 3, 2013. Mr. Kavarana has been a Director of ELXSI Corporation since September 25, 1989. He serves as a Director of Consilience Technologies, Consolidated Coffee Inc., Eight O’ Clock Coffee Company, Henderson India Equity (Mauritius), Sika Properties Private Ltd., St. James Court Hotel Ltd, Tata Asset Management (Mauritius) Pvt. Ltd., Tata Capital Pte.Ltd., Singapore, Tata Enterprises Overseas Ltd., Tata International (UK) Ltd., Tata Overseas Development Company Limited, Tata Technologies Pte Ltd, Tata Capital Advisers Pte. Limited, Singapore, Tata Capital Markets Pte. Limited, Singapore, Tata Capital PLC, UK, Tata Global Beverages Investments Limited, Tata Global Beverages Group Limited, Titan International Holdings B. V., Titan International Investments B.V., and Titan International Marketing Ltd.
Mr. Kavarana was the Chairman of Tata Asset Management Limited for 12 years until June 10, 2014. He served as an Executive Chairman of Tata Infotech Ltd. (now merged with Tata Consultancy Services) since October 03, 2001. Mr. Kavarana served as a Director of Tata Industries Limited. He served as a Non-Executive Director of Tata Capital Financial Services Limited until June 09, 2014. He was the Executive Director of Tata Motors Limited from 1994 to 2000. Mr. Kavarana served as the Chairman of the Board of Trent Ltd. from October 30, 2006 to March 30, 2014. He was the Executive Chairman of Erstwhile TILb at Tata Consultancy Services Limited. Mr. Kavarana has been an Independent Director of The Great Eastern Shipping Company Limited since November 14, 2011. He served as a Director of Tata Global Beverages Limited from June 15, 1994 to March 27, 2014. Mr. Kavarana served as a Non Executive Non-Independent Director of Titan Company Limited (Formerly, Titan Industries Limited) until March 31, 2009. He served as a Director of Trent Ltd. since 2004 until March 30, 2014. He is a recipient of the Dadaji Naoroji International Millennium Award 2005 and the Wharton India Alumni Award 2009. He is a Fellow of the Institute of Chartered Accountants in England & Wales and a Member of the Institute of Chartered Accountants of India. Mr. Kavarana received an M.B.A. from the Wharton School, University of Pennsylvania and a B.Com. (Honors) degree from the University of Bombay.