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Titan Company, a Tata Group enterprise and one of India's most admired lifestyle and jewelry brands, has announced a significant leadership change. Ajoy Chawla, currently the CEO of Titan’s Jewelry Division, will be elevated to the role of Managing Director, taking over from C.K. Venkataraman, who is set to retire in 2025.
Leadership Transition at Titan
The appointment is part of Titan’s well-planned succession strategy. Ajoy Chawla will officially assume the MD role on October 1, 2025, following C.K. Venkataraman’s superannuation on September 30, 2025. This transition underscores Titan's focus on continuity and long-term strategic growth.
Who is Ajoy Chawla?
Ajoy Chawla brings a wealth of experience to the role, having joined the Tata Group in 1990. Over the years, he has held several leadership positions across Tata companies and is widely credited for his role in driving growth in Titan’s jewelry segment, particularly with Tanishq, Zoya, and Mia by Tanishq.
Titan's Official Statement
In a regulatory filing, Titan stated:
“The Board of Directors, at its meeting held on May 6, 2025, has approved the appointment of Ajoy Chawla as the next Managing Director of the Company, effective October 1, 2025, for a period of five years.”
Industry Impact and What Lies Ahead
Chawla's appointment is expected to bring renewed energy to Titan’s strategy, focusing on digital innovation, customer-centric growth, and expanding international footprints. Analysts see this move as a positive sign of leadership stability within the Tata ecosystem.
Frequently Asked Questions (FAQs)
1. Who is Ajoy Chawla?
Ajoy Chawla is the current CEO of the Jewelry Division at Titan Company and has been with the Tata Group for over three decades. He will become the MD of Titan in October 2025.
2. When will Ajoy Chawla take over as MD of Titan?
He will assume the position on October 1, 2025, following the retirement of current MD C.K. Venkataraman.
3. What has been Ajoy Chawla's role at Titan so far?
Chawla has played a pivotal role in scaling Titan’s jewelry brands such as Tanishq, Zoya, and Mia, leading the division to strong financial and brand growth.
4. Why is this leadership change significant?
This transition highlights Titan’s focus on grooming internal leaders and ensuring seamless succession to sustain momentum in its high-growth consumer business segments.
5. What will C.K. Venkataraman do after retirement?
As of now, no official announcements have been made regarding his future plans after his retirement.
Published on : May-08-25 by : Abhishek Rana