Mumbai: Tata group-owned Titan Company on Thursday announced the appointment of Ashok Kumar Sonthalia as its new chief financial officer. He will be responsible for the company’s overall finance and accounts functions, it said in a statement. The watches and jewellery maker also announced Swadesh Behera as the chief people officer of the company. Both appointments are effective from 1 July, it added.
In his most recent role, Sonthalia worked as a chief financial officer at Larsen & Toubro Infotech. He has also worked in senior positions at Greaves Cotton Ltd, Tata Chemicals, and Tata Steel.
Commenting on his appointment, Sonthalia said, ''It’s an absolute honor and privilege to be a part of Titan, a company I have long admired for evoking trust and transforming consumer retail experience in India. I am looking forward to working with the team here on executing its strategic growth plans in India as well as in select international markets. Its philosophy of creating value for all its stakeholders will remain central in all our endeavours."
Sonthalia is a chartered accountant with around 30 years of experience in areas of strategic financial planning, business development, M&A, treasury, finance, and accounts in diverse industry verticals in multi-cultural and multi-national environments.
Behera was previously associated with Boston Scientific Corp as senior director-HR. His past professional stints also include Ranbaxy, Coca Cola, MSD, and Tata Steel. He has extensive change management experience which encompasses setting up Greenfield operations, building capability, talent acquisition during high growth phases of business.
Behera shared, “Delighted to join Titan and be a part of a leadership team which truly believes in putting people first in everything they do, where employee care and happiness is valued as much as the business growth. Looking forward to working with the team whose continuous endeavour has been to build a strong leadership pipeline, future capabilities, an inclusive culture to propel the growth aspirations and making Titan as an employer of choice."
