DMart announces key leadership appointments

DMart announces key leadership appointments

Current MD & CEO Ignatius Navil Noronha's successor, Anshul Asawa, is being groomed

DMART

MUMBAI: Avenue Supermarts, the parent company of DMart, has announced significant leadership changes, including the appointment of Anshul Asawa as chief executive officer designate and senior managerial personnel, effective 15 March 2025. Asawa will succeed Ignatius Navil Noronha, the current managing director & CEO, when his term ends on 31 January 2026.

Asawa will officially assume the role of MD & CEO on 1 February  2026, subject to shareholder and regulatory approvals.

An alumnus of IIT Roorkee and IIM Lucknow, Asawa brings a wealth of experience from his 30-year career at Unilever, where he held leadership roles in India, Asia, and Europe. Most recently, he served as country head for Unilever Thailand and general manager for the home care business in greater Asia. Known for his consumer-centric approach and focus on digital transformation, Asawa has spearheaded innovations in sales, marketing, and distribution.

Additionally, DMart has announced the following appointments and changes effective 11 January 2025:

* Hitesh Shah has been named head of the pharma business and designated senior management personnel. Shah, who joined DMart in 2007, has over 30 years of experience in sales, marketing, and retail management, including a 13-year tenure at Hindustan Unilever.

* Rajeev Chandrasekharan, previously general manager - DC, will now serve as head of the centre of excellence, overseeing process audits. With 23 years of experience in supply chain and operations, Chandrasekharan has been with DMart since 2015 and has also worked at Procter & Gamble, Gillette, and Toyota (Oman).

* Ashutosh Dhar will transition to the role of head-loss prevention but will no longer be classified as senior management personnel due to a change in reporting structure.

DMart, founded by Radhakishan Damani, operates 381 stores across India, offering a wide range of home and personal products at competitive prices. Headquartered in Mumbai, the company continues to expand with new locations planned across the country.