Japan’s Seiko Watch Corporation has appointed Niladri Mazumder as President and Chief Operating Officer (COO) of its Indian subsidiary, Seiko Watch India, with immediate effect.
Niladri has been with Seiko India for close to a decade and takes over the reins from Atsushi Kaneko who is moving to take on responsibilities as the Chairman of the European Operations. Mazumder will be the first Indian to hold such a coveted post in the organisation.
Mazumder was a key member of the core Seiko watch corporation team that devised the critical ‘Entry Strategy’ for Seiko’s venture into the very competitive Indian watch market. During his tenure at Seiko India, Niladri introduced innovative retail techniques for the watch and clock category, which have become an example in retailing not only in India, but also for the other countries where Seiko operates.
“The board and I are confident that Niladri is the right person to lead the company forward. He has a proven ability and commands immense knowledge of the industry. His vast experience and leadership qualities will be invaluable as we look to further enhance our positioning within the premium & luxury category,” Kaneko says about Niladri appointment.
Mazumder has spent close to 22 years in the watch & jewellery industry. He had started his career with Titan Industries, where he spent 12 years taking on various responsibilities in the sales, marketing, retailing and international business spheres of Titan’s watch and jewellery division.