Sachin Jain, Who is Sachin Jain, World Gold Council: The World Gold Council has announced the appointment of Sachin Jain as its new CEO for India, effective March 2024. Sachin brings with him a wealth of experience from his tenure at De Beers, where he held various senior positions over the past 13 years, including Managing Director of De Beers India, overseeing the De Beers Forevermark business in India and the Middle East.
With over two decades of experience in the Indian consumer and jewelry market, Sachin is poised to lead the World Gold Council’s efforts in enhancing consumer trust and engagement within the Indian gold industry. His expertise in retail, marketing, and understanding of consumer behavior will be instrumental in deepening the council’s connections with both the gold industry and financial institutions.
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David Tait, the Global CEO of the World Gold Council, expressed his excitement about Sachin’s appointment, highlighting the importance of his experience and vision at a crucial time for the Indian gold market. Sachin’s leadership is expected to contribute significantly to raising awareness of gold’s role as a valuable investment asset and driving sustainable practices within the industry.
In response to his appointment, Sachin Jain expressed his privilege in leading the World Gold Council’s endeavors in India. He emphasized his commitment to promoting sustainable practices and fostering positive change within the gold industry. Sachin aims to strengthen the council’s engagement with stakeholders, promote responsible practices, and further integrate gold into India’s economic growth.
Sachin Jain said: “It is a privilege to be entrusted with leading World Gold Council’s activities in India, given its pivotal role in shaping the gold industry. I am deeply impressed by the organisation’s commitment to sustainability, responsible practices, and positive contributions to the global gold sector. My vision for gold industry in India is rooted in a dedication to fostering sustainable practices and driving positive change. I am looking forward to strengthening World Gold Council’s engagement with various stakeholders, promoting responsible practices, harnessing gold’s growing appeal as an investment asset, and enhancing its role in economic growth of India.”
Current India CEO, Somasundaram PR, will continue in his role until Sachin assumes his position, ensuring a seamless transition. Somasundaram will also remain involved with the World Gold Council as an advisor on the establishment of a self-regulatory organization (SRO), a significant initiative for the Indian gold industry.
