Karan, an executive director in the Thakral Group of Companies, had earlier served as Singapore’s High Commissioner to Sri Lanka, resident in Singapore from July 2013 to April 2015.
The announcement was made in a statement dated 30 July 2015 released on the website of Singapore’s Ministry of Foreign Affairs.
Among his other appointments, Karan is chairman of the South Asia Business Group and Business India in Singapore as well as chairman of Givo Limited in India. He also serves as a Board Member of the ASEAN India Business Council, the same statement added.
He is married to Mrs Devinder Kaur Thakral and they have a son and four daughters.