Vinod Rai has named Kalyan Jewellers chairman, Mr. Rai was the former Comptroller and Auditor General of India.
Kalyan Jewelers India Ltd has declared the board approval for the appointment of Vinod Rai as the Chairman and Independent Non-Executive Director on the Board of the organization.
The appointment will be liable for acquiring essential administrative and investors’ endorsements.
T.S. Kalyanaraman will continue as Managing Director on the board.
Mr. Rai said: “It is a privilege for me to be associated with Kalyan Jewellers, a company which has built the highest levels of trust amongst its stakeholders, conducts its business in an ethical and transparent manner and upholds the standards of good corporate governance.”
Mr. Kalyanaraman said: “We are delighted to welcome Mr. Vinod Rai to Kalyan Jewellers as an Independent Chairman of our board. Kalyan Jewellers has always been committed to trust, transparency and upholding the highest standards of corporate governance, and this event is a natural step in the evolution of our company along that journey.”