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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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Appoinment

Tiffany & Co. Strengthens Leadership with David Ponzo as Deputy CEO

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The LVMH-owned jeweler has appointed David Ponzo to the newly created role of Deputy CEO and promoted Thierry Vasseur to Executive VP to spearhead global retail and product strategy.

The LVMH-owned jeweler has appointed David Ponzo to the newly created role of Deputy CEO and promoted Thierry Vasseur to Executive VP to spearhead global retail and product strategy.

Tiffany & Co. has expanded its executive team by appointing David Ponzo as Deputy Chief Executive Officer. Ponzo, who joins from Louis Vuitton where he served as Chief Commercial Officer, will now oversee Tiffany’s global retail operations, corporate commercial organizations, and the high-jewelry product division. He steps into responsibilities previously managed by former CCO Gavin Haig.

In a simultaneous move, the house has promoted Thierry Vasseur to Executive Vice President of Jewelry, High Jewelry, Home, and Accessories. In this expanded capacity, Vasseur will lead the brand’s global product marketing and merchandising strategies, further aligning Tiffany’s creative output with its ambitious commercial goals.

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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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