Editor’s Note
This article highlights the appointment of Sachin Jain as the new CEO of the World Gold Council in India. His extensive background, particularly his 13-year tenure in senior roles at De Beers, positions him as a key leader to steer the Council’s initiatives in this vital market.
The World Gold Council (WGC), representing global gold miners, has appointed Sachin Jain as its new CEO for India, effective from March. Jain’s extensive experience, particularly in the jewelry market and strategic leadership, makes him well-suited for this crucial role.
Jain joins WGC India from De Beers, where he held various senior positions over the past 13 years. Notably, as Managing Director of De Beers India, he led the De Beers Forevermark business in India and West Asia. His tenure at De Beers equipped him with a deep understanding of the Indian consumer psyche and the dynamics of the jewelry market.
Prior to his tenure at De Beers, Jain held significant roles at renowned companies such as Lladró, the Swatch Group, and Benetton. His diverse experience spans over two decades, reflecting his versatile skill set and strategic acumen.
Jain’s appointment reflects WGC’s commitment to strengthening its engagement with key stakeholders and enhancing the prominence of gold in investment portfolios. David Tait, Global CEO of the World Gold Council, expressed confidence in Jain’s marketing expertise to elevate the Council’s profile within the gold industry and financial institutions.
Somasundaram PR, the current CEO of WGC India, will remain in his role until Jain assumes the position, ensuring a seamless transition. Additionally, Somasundaram will continue to engage with WGC as an advisor on critical initiatives, including the establishment of a Self-Regulatory Organization (SRO) for the Indian gold industry.
World Gold Council CEO: David Tait;
World Gold Council Chairman: Kelvin Dushnisky;
World Gold Council Founded: 1987;
World Gold Council Headquarters: London, United Kingdom
