Kalyan Jewellers has appointed Sanjay Raghuraman as its new Chief Executive Officer. Raghuraman has been elevated to the new position of CEO from his earlier position as the Chief Operating Officer. The company has also announced the appointment of Salil Nair joining the company’s board as a non-executive director, and Anil Nair joining as an independent director.
The company already has four independent directors with banking and financial sector expertise. With these two new appointments, Kalyan Jewellers board will include both retail and marketing expertise.
Speaking about this announcement T S Kalyanaraman, chairman and managing director, Kalyan Jewellers said, “We are extremely delighted to appoint Sanjay Raghuraman as the chief executive officer of the company and warmly welcome Salil Nair and Anil Nair, who bring to the table expertise in the retail and marketing spaces, to the Kalyan Jewellers core team. With an aim to continue expanding the company’s footprint to cater to newer audiences, we are confident that our enhanced team will take us to newer horizons and achieve bigger milestones, leveraging growth opportunities despite the challenges in the new COVID-19 era.”
Sanjay Raghuraman had joined Kalyan Jewellers in 2012, when the company began its journey of accelerated growth by expanding operations outside of South India. He was the head of operations at HDB Financial Services Limited prior to joining Kalyan Jewellers.
Salil Nair holds expertise in retail management with over 30 years of experience, including his successful spell as chief executive officer at Shopper’s Stop. Anil Nair has been in the advertising industry for over 24 years, including serving as CEO & Managing Partner of L&K Saatchi & Saatchi as well as a member of the global leadership team of Saatchi & Saatchi, McCann and DDB.
Image source: Media Samosa