C K Venkataraman, MD of Titan, said, “Over the last decade, Subbu has been a solid member of the top team at Titan. As CFO, he has enabled the extraction of greater value from the businesses, managed the balance sheet exceptionally well, dealt with multiple regulatory shocks with aplomb, established very strong internal control processes through the introduction of the operations control group, made investor relations a benchmark practice and created a truly A-team in the finance department.”
Titan CHRO R Rajnarayan will retire from the company on June 30. He will be replaced by Swadesh Behera effective July. Behera joined Titan from Boston Scientific Corporation (BSC). His previous stints include Ranbaxy and Coca Cola.