October 29, 2025 — Chennai: TVS Supply Chain Solutions Limited (TVS SCS) announced that Mr. Vittorio Favati, Chief Executive Officer of TVS SCS Singapore Pte. Ltd., has tendered his resignation and will be relieved from duties effective October 31, 2025 .
In his resignation letter addressed to the company, Mr. Favati stated that after six rewarding years in the role, he wished to return to the United States and believed it was the right moment to facilitate a leadership transition. He expressed gratitude to the global leadership team and reaffirmed his commitment to ensuring a smooth handover during the notice period.
Leadership transition
The company further informed that Mr. Siddharth Jairaj, currently the CEO of TVS SCS Global Freight Solutions Ltd., India, will assume the role of CEO – TVS SCS Singapore Pte. Ltd. effective November 1, 2025.
Mr. Jairaj brings over 30 years of experience in the freight forwarding industry, having been trained in Germany and the UK. He has been with TVS SCS since 2007, holding several senior executive positions, and is an active member of multiple trade bodies, including the Air Cargo Agents Association of India (ACAAI), CII, MMA, FFFAI, and AMTOI .
Company statement
TVS SCS, in its filing with stock exchanges under Regulation 30 of SEBI (LODR), noted that the appointment and resignation have been made in accordance with company policy and form part of a planned succession to strengthen its global freight business leadership.
The company emphasized that Mr. Jairaj will now oversee the freight forwarding business globally, driving growth and strategic operations from Singapore.
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