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CaratLane Appoints Jigar Vyas as Chief Financial Officer

Seasoned finance leader to steer financial strategy and support CaratLane’s next phase of omni-channel growth

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CaratLane – A Tata Product, India’s leading omni-channel jewellery brand, has announced the appointment of Jigar Vyas as its Chief Financial Officer (CFO). In this role, Jigar will lead the company’s finance function and support CaratLane’s next phase of growth as it continues to expand its omni-channel footprint across India.

Jigar brings over 16 years of experience across business finance, commercial strategy, and large-scale operations, having worked with complex, consumer-facing organisations across both large conglomerates and high-growth startups. Prior to joining CaratLane, he held senior leadership roles at ITC Ltd, Nielsen, and SUGAR Cosmetics, where he managed large teams and diverse market portfolios.

Speaking on his appointment, Jigar Vyas, Chief Financial Officer, CaratLane, said, “CaratLane has built a strong, trusted brand by combining innovation with customer-centricity. I look forward to working closely with the leadership team to strengthen financial foundations, enable disciplined growth, and support the brand’s long-term value creation as it continues to scale.”

At CaratLane, Jigar will be responsible for driving financial strategy, strengthening governance and internal control frameworks, and ensuring capital efficiency as the brand scales. He will work closely with the leadership team to align financial decision-making with long-term business objectives, while balancing growth ambitions with financial discipline and transparency.

Across his career, Jigar has been closely involved in sales finance operations, financial planning and analysis, capital raising, and cost optimisation, while also strengthening governance mechanisms and improving cost efficiencies. His experience spans working across scale, complexity, and fast-paced environments, giving him a balanced perspective on managing growth with discipline. Known for his structured approach to leadership, Jigar brings a strong emphasis on data-driven decision-making, cross-functional collaboration, and execution excellence, enabling organisations to navigate scale while maintaining financial clarity and control


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Appointment

Jillian Wolk Named CEO of De Beers’ Tracr

Former GIA and Swarovski Executive To Lead Next Phase Of Growth and Traceability Innovation From May 2026

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Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective May 1, 2026. She will be based in New York and work closely with Tracr’s global team and stakeholder network.

Jillian joins from the Gemological Institute of America (GIA), where she served as Vice President, Growth & Strategic Initiatives, driving new service development, diversified revenue streams, and industry-wide grading initiatives. Her prior collaboration with Tracr gives her a strong understanding of the platform’s mission and capabilities.

Earlier, she held senior roles including Vice President of Business Operations at Swarovski U.S., where she led multi-business operations and key brand and operational initiatives across the Americas. Her expertise spans commercial leadership, governance, and technology-driven innovation.

Paul Rowley, Executive Vice President, Diamond Trading at De Beers Group, said, “Jillian brings a strong combination of industry knowledge, commercial leadership and strategic insight. Her experience across jewellery, technology and governance positions her well to lead Tracr into its next phase.”

Jillian Wolk added, “I am honoured to join Tracr and help shape its future as a vital storytelling tool for the diamond industry. With its leading technology platform and industry network, Tracr plays a key role in driving trust, transparency and confidence across the sector.”

Her appointment follows the departure of Wesley Tucker, who stepped down in February 2026 after leading the company through its formative and scaling phases.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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