World Gold Council appoints Sachin Jain as India CEO

The World Gold Council (WGC) has appointed Sachin Jain as its new chief executive officer for the India market from March 2024.

Jain will replace the current India CEO Somasundaram PR who will continue to be associated with the World Gold Council as an advisor on the setting up an SRO (self-regulatory organisation).

Commenting on the appointment, David Tait, global CEO of World Gold Council in a statement said, “I am delighted that Sachin is joining us at an important time for the Indian gold market. Sachin’s experience in the retail market, and jewellery industry is crucial to our efforts to enhance consumer’s trust in gold and in the Indian gold industry.”

Sachin Jain added, “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 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.”

Sachin Jain joins the WGC from De Beers where he led the De Beers Forevermark business in India and the Middle East.  

He has over two decades of experience in the Indian market in leadership roles for De Beers, Lladro, Swatch Group, and Benetton.