Kalyan Jewelers Appoints Ex-CAG Vinod Rai as its Chairman


TS Kalyanaraman will continue as Managing Director

TS Kalyanaraman will continue as Managing Director

Kalyan Jewelers India Ltd has announced the Board’s approval of the appointment of Vinod Rai as Chairman and Independent Non-Executive Director on the Company’s Board of Directors.

The appointment is subject to obtaining the necessary regulatory and shareholder approvals.

TS Kalyanaraman will remain Managing Director on the Board.

Mr. Rai was the former Comptroller and Auditor General of India and the former Chair of the United Nations Panel of External Auditors.

Mr. Rai said: “It is my privilege to be associated with Kalyan Jewelers, a company that has established the highest level of trust among its stakeholders, conducts its business in an ethical and transparent manner and adheres to standards of good corporate governance. “

Mr. Kalyanaraman said: “We are delighted to welcome Mr. Vinod Rai to Kalyan Jewelers as the Independent Chairman of our Board of Directors. Kalyan Jewelers has always been committed to trust, transparency and upholding the highest standards of corporate governance, and this event is a natural step in our company’s development along this path.”

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