Sachin Jain was Appointed as CEO of India by the World Gold Council
The World Gold Council has appointed Sachin Jain as its new CEO for India, effective next month. Jain, with over 13 years of experience, is known for his deep understanding of the Indian consumer and jewelry market, having held senior roles at De Beers, where he served as managing director of De Beers India.
David Tait, the global CEO of the World Gold Council, expressed confidence in Jain's ability to enhance consumer trust in gold and the Indian gold industry. Tait highlighted Jain's marketing expertise, expecting it to deepen engagement with the gold industry financial institutions and raise awareness of gold's role in investment portfolios.
Jain, formerly associated with Lladro, Swatch Group, and Benetton, aims to foster sustainable practices and drive positive change in the Indian gold industry. He emphasized his dedication to strengthening the World Gold Council's engagement with stakeholders, promoting responsible practices, and enhancing gold's appeal as an investment asset.
Somasundaram PR, the outgoing CEO, will retain his current role and responsibilities until Jain assumes office, ensuring a smooth transition. Additionally, Somasundaram will continue to contribute to the World Gold Council as an advisor on the establishment of a self-regulatory organization (SRO), a significant initiative for the Indian gold industry.
