Russi Mody (17 January 1918 – 16 May 2014) was a Chairman and Managing Director of Tata Steel and a leading member of the Tata Group.
Russi was born on 17 January 1918 in Mumbai to a Parsi family. His father was Sir Homi Mody. His mother was Lady Jerbai Mody née Dubash. Russi had two brothers, Kali Homi Mody and Piloo Mody.
After a few years of schooling in India, he was sent to England for further studies. He studied at Harrow School and later at Christ Church College, Oxford. On his return to India he joined Tata Steel as an office assistant. Russi was married to Siloo Mugaseth, the daughter of his mother’s sister, and lived in Kolkata until his death
Mody joined Tata Steel in 1939 and he was promoted to the position of Director of Personnel in 1953. He took up the position of the Director of Raw Materials in 1965. In 1970, he was appointed as Director of Operations and became Joint Managing Director in 1972. Russi once accompanied Albert Einstein on piano while Einstein played violin.
After retiring from Tata Steel in March 1993, the then Prime Minister of India, Shri P V Narasimha Rao appointed Mody as Joint Chairman of Indian Airlines and Air India
Mody died during the night of 16 May 2014 at a private hospital in Kolkata. His death was condoled by former Tata Group Chairman Ratan Tata and the incumbent Cyrus Mistry