Kalyan Jewellers appoints Vinod Rai as chairman

By

Maverick Martins

Published
Mar 28, 2022

Leading jewellery firm Kalyan Jewellers India Limited has appointed the former comptroller and auditor general of India Vinod Rai as the chairman and independent non-executive director.
 

The appointment will be subject to obtaining requisite regulatory and shareholders’ approvals. TS Kalyanaraman will continue as managing director on the company’s board.
 
Commenting on the appointment, Vinod Rai in a statement 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. Kalyan Jewellers has a well-recognized brand, pan-India footprint and a strong management team at the helm of the business. I eagerly look forward to my association with Kalyan.”

TS Kalyanaraman, managing director of Kalyan Jewellers added, “We are delighted to welcome Vinod Rai to Kalyan Jewellers as an Independent chairman of our board. Rai brings a tremendous breadth and depth of experience and we are looking forward to him adding further to the diverse experience we already have on our board today.”
 
Vinod Rai has held various positions within the Indian government as well as in-state governments and was also the former chair of the United Nations Panel of External Auditors.