Titan Company Limited has announced a formal succession plan for its Managing Director role. The company’s current MD, C.K. Venkataraman, will retire on 31st December 2025 upon reaching the Tata Group’s retirement age. He has been with Titan since 1990 and has held the MD role since October 2019.
Ajoy Chawla, currently CEO of Titan’s Jewellery Division, will assume the role of Managing Director from 1st January 2026. Ajoy is an alumnus of VJTI Mumbai and IIM-Calcutta, and joined Titan via the Tata Administrative Services in 1991. He has since held a variety of strategic and operational roles across divisions including Watches, Strategy, Fragrances, and Business Incubation.
Since 2019, Ajoy has successfully led Titan’s Jewellery Division, overseeing a 2.5X growth in sales and profits, and cementing the brand’s leadership in the market. The formal process to induct him onto the board and confirm his MD appointment is underway, pending shareholder approval. A successor for his current Jewellery Division role will be announced later.
Commenting on the transition, C.K. Venkataraman stated:
“With his strong customer obsession, people orientation, partnering impulse, and value creation mindset, Ajoy is well qualified to shepherd Titan towards even greater glory and scale.”
