Bangalore: Titan Company has announced that its Managing Director (MD)BhaskarBhat has retired on 30th September and C K Venkataraman, has taken over the role of MD with effect from 1st October 2019.
C K Venkataraman was the CEO of the jewellery business since 2005, Subsequently, AjoyChawla has taken over as the CEO of the Jewellery Division with effect from October 1, the company said in a regulatory filing.
Titan Company is entering a new era with C K Venkataraman as Bhaskar Bhat retires after serving the company for 33 years, with 17 years as its Managing Director.
Bhaskar’s strategy of multiple stake owners focus has not only enhanced shareholder value very significantly but also created a very strong base from which Titan can reach new heights in the years to come.
After Bhaskar’s retirement from the Board as the MD, he has been re-appointed as a Non Executive Non-Independent Director on the company Board with effect from 1st October 2019.
