BWI: Bijou Kurien joins Timex Group India Board of Directors

Press release from Business Wire India
Source: Timex Group
Friday, July 29, 2011 12:49 PM IST (07:19 AM GMT)
Editors: General: Fashion, Lifestyle, People; Business: Accounting & management consultancy services, Business services, Clothing & accessories, Retailers
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Bijou Kurien joins Timex Group India Board of Directors


New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Timex Group India Limited has appointed Mr. Bijou Kurien as a Director on the Board of the company. Over the last 29 years, Mr. Kurien has been associated with high profile corporates like Hindustan Unilver, Titan Industries and is currently with Reliance Retail.

With vast experience in the consumer products industry in India, he has worked in various capacities in retailing, sales and distribution, marketing, manufacturing, supply-chain functions of fast moving consumer goods & consumer durables. He has also led organizations and represented industry bodies at various national and international forums.

After an initial stint of 6 years in HUL, Mr. Kurien joined Titan industries in 1987. He was instrumental in the Timex-Titan collaboration in 1992 which marked the beginning of Timex's journey in India. Post that, he joined Reliance Industries in 2006 as President and Chief Executive of their newly created Retail division and headed the Lifestyle vertical in this retail initiative. His decision to join the Board of Timex Group marks his comeback to the Watch industry.

Expressing his delight over Mr Kurien's induction, Mr. Kapil Kapoor, Chairman of Board of Directors Timex Group said, "We are delighted to welcome Mr Bijou Kurien on the Board of Timex. I am confident that his vast experience and unique insights into the watch industry and retail environment in India would be an invaluable asset to Timex especially at a juncture when the company is eyeing ambitious growth."

Commenting on his latest move, Mr. Bijou Kurien said "Timex has been synonymous with innovation and has over the years gained in stature to become a leading watch brand with an exciting array of products that appeal to a wide cross section of Indian consumers. I am excited to join the Board and I look forward to an interesting journey with the group which I feel for personally, having launched the brand in India many years ago."

Timex Group India is a public listed Company with listing on the Mumbai Stock Exchange. The company is governed by the Board of Directors comprising 7 directors which apart from Mr. Bijou Kurien, the newest addition, include:

-- Mr. Kapil Kapoor, Chairman, Board of Directors, Timex Group
-- Mr. Gagan Singh who is serving as Deputy Chief Executive Officer of Jones Lange Lasalle Meghraj (JLLM);
-- Mr. Pradeep Mukherjee, a career HR professional who has been associated with Citigroup in various positions across the globe
-- Mr. Daya Dhoan, a seasoned management professional and a former Chairman and Managing Director of Minerals and Metals Trade Corporation and Bharat Coppers Limited,
-- Mr. Frank Sherer, Timex Nominee on the Board
-- Mr. V D Wadhwa, Managing Director

About Timex Group

Timex Group is the one of the world's largest watch maker that designs, manufactures and markets innovative timepieces and jewelry globally. Timex was founded in 1854 and has a rich heritage of making the finest timepieces.

Timex Group has a portfolio of 10 brands spread across various segments from mid premium to luxury segment with Brands like, Timex, Opex, Guess, Gc, Marc Ecko, Nautica, Salvatore Ferragamo, Versace, Versus and Valentino with selling channels in more than 100 countries. The Group has a design centre based out of Milano and a manufacturing base spread across various countries.

Over the years, TIMEX Group India Ltd. has grown to become one of the leading brands in the organized watch market. Brand TIMEX is well-known in India for its youth appeal, sporty, fashionable and technologically advanced product offering. TIMEX group also has set standards of high quality watch-making through excellent technology and innovative product development. TIMEX has been a pioneer in inventing several landmark technologies to its credit including the Indiglo®. TIMEX Group has also diversified and has plans of launching a host of international brands within the premium and luxury segments in the country.


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KEYWORDS
FASHION, LIFESTYLE, PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, CLOTHING, RETAIL

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