Ajoy Chawla To Succeed C.K. Venkataraman As MD Of Titan Company; Shalini Kapoor Joins As Independent Director

Titan Company Limited approved the succession plan under which C.K. Venkataraman will retire as Managing Director (MD) effective December 31, 2025, and Ajoy Chawla, currently CEO of the Jewellery Division, will take over the role effective January 1, 2026.

Shalini Kapoor has been appointed as Non-Executive Independent Director (Additional Director) of the company, effective May 9, 2025.

Chawla joined Titan in 1991 through the Tata Administrative Services and has held various leadership roles across functions and divisions, including incubating and launching new businesses such as Taneira, Skinn, Fastrack sunglasses, and Helios. Currently serving as CEO of the Jewellery Division, he oversees brands including Tanishq, Mia, CaratLane, and Zoya. He is also responsible for manufacturing, retail, omnichannel, brand, and category management. With over 30 years of experience in consumer-facing businesses, Chawla has built and scaled diverse teams and driven business results across multiple domains.

Kapoor has 28 years of experience in applying technologies such as AI, IoT, and Cloud. She serves on the Board of Governors at IIIT Sri City and holds 15 patents and four IEEE publications. She currently volunteers with Ekstep Foundation and is the Founder Director at Ankurit Foundation. Previously, she was Chief Technologist at Amazon Web Services (AWS), Asia Pacific, and previously served as President, AWS Public Sector, India. She spent 22 years at IBM, where she became the first IBM Fellow from India and led AI research and engineering teams. Kapoor is an engineering graduate from the Institute of Engineering and Technology, Lucknow, and holds an MBA in information systems from S. P. Jain Institute of Management and Research.

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