Leading jewelry and watch maker Titan Company said Thursday that it has appointed Ashok Sonthalia as its new chief financial officer (CFO).
It also announced the appointment of Swadesh Behera as the company’s chief executive
Both appointments take effect on July 1, 2021, the statement said.
Sonthalia is a chartered accountant with about 30 years of experience in the areas of strategic financial planning, business development, mergers and acquisitions, treasury, finance and accounts in various industrial verticals in a multicultural and multinational environment, it adds.
“I look forward to working with the team here to execute its strategic growth plans in India as well as in selected international markets,” Sonthalia said.
Prior to this appointment, Behera was Senior Director-HR at Boston Scientific Corporation. He has also worked at Ranbaxy, Coca Cola, MSD and Tata Steel.
Titan is a joint venture between the Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). It began operations in 1987 under the name Titan Watches Limited, and later in 1994, diversified into jewelry and then into eyewear.