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Shopper's Stop Ltd (SHOP.NS)

SHOP.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

B. Nagesh

2018 Non-Executive Chairman of the Board

Rajiv Suri

54 2018 Chief Executive Officer, Managing Director, Director

Karunakaran Mohanasundaram

51 2018 Chief Financial Officer

Prashant Mehta

Vice President - Legal, Company Secretary, Compliance Officer, Customer Care Associate

Bharat Sanghavi

2017 Company Secretary

Neel Raheja

40 Non-Executive Director

Ravi Raheja

42 Non-Executive Non-Independent Director

Robert Bready

50 2018 Additional Independent Director

Ameera Shah

38 2018 Additional Independent Director

Avnish Bajaj

44 2013 Additional Non-Executive Independent Director

Manish Chokhani

47 2014 Non-Executive Independent Director

Deepak Ghaisas

55 Independent Non-Executive Director

Nitin Sanghavi

65 Independent Non-Executive Director

Nirvik Singh

50 2008 Independent Non-Executive Director

Biographies

Name Description

B. Nagesh

Mr. B. S. Nagesh is Non-Executive Chairman of the Board of the Company. He was Non-Executive Vice Chairman of the Board of Shopper's Stop Ltd., since August 18, 2009. He was Managing Director, Customer Care Associate, Executive Director of the Company. Mr. Nagesh was Customer Care Associate (CCA), Managing Director & CEO of the Company and has been with Shoppers’ Stop since the inception of the business as a division of IPHL in July 1991, and has been with Shoppers Stop Limited since inception in 1997. He has 23 years of experience and had earlier worked with Blow Plast, Orson and Carona before joining Shoppers Stop Limited . Mr. Nagesh holds an Masters of Business Administration. Mr. Nagesh is credited for infusing the latest retail techniques into Company and for blending the national and international talent within the Company. Mr. Nagesh has been awarded a number of awards over the years including “Most Admired Apparel Retail Professional of the Year” at the inaugural Images Fashion Awards 2000, the “Top CEO Award 2001” instituted by Institute of Marketing Management. He was awarded the “CEO of the Year (2003) – Retail” by Clothing Manufacturers Association of India. He was awarded the Teachers Achievement Award in the field of Business in November 2004.

Rajiv Suri

Mr. Rajiv Suri has been appointed as Chief Executive Officer, Managing Director, Additional Director of the Company. He was associated with M.H. Alshaya Co. from 1988 to 1998.

Karunakaran Mohanasundaram

Mr. Karunakaran Mohanasundaram is Chief Financial Officer of the Company. He is a qualified Chartered Accountant and Company Secretary, with more than 25 years of experience. He has worked across retail, manufacturing and pharmaceutical Industry. His last job was with Avon a US based direct selling beauty company in the world, as its Executive Director (Finance)- Asia Pacific region at Singapore.

Prashant Mehta

Mr. Prashant Mehta is Vice President - Legal, Company Secretary, Compliance Officer, Customer Care Associate of Shopper's Stop Ltd.

Bharat Sanghavi

Neel Raheja

Mr. Neel Chandru Raheja is Non-Executive Director of Shopper's Stop Ltd. He is an alumnus of Harvard Business School, Masters in Commerce and Law Graduate from Mumbai University and has over 16 years of experience in real estate development, hospitality and retail. Mr. Raheja plays a leadership role in the K. Raheja Corp real estate development business. He has visualized and developed the “Inorbit” shopping mall at Malad. He also takes active interest in the customer satisfaction and human development part of Shoppers Stop business.

Ravi Raheja

Mr. Ravi C. Raheja is Non-Executive Non-Independent Director of Shopper's Stop Ltd. He is B.Com and MBA from London Business School. He has 12 years of experience in the real estate hospitality industry and the retail industry. Apart from being fully with the real estate, and hotel business of the Group, he is the key promoter overlooking the Shoppers’ Stop business. He takes a keen interest in the retail business and was directly involved with Shoppers’ Stop in the initial stages of establishing the Shoppers Stop business and the Company. He has worked towards building the organization structure providing impetus to growth. He guides the Shopper’s Stop team on corporate strategy and planning, and he is involved in charting the future growth strategies of the retail business. His experience in real estate and financial planning and structuring has guided the Shoppers’ Stop team in all its expansion strategies.

Robert Bready

Mr. Robert Bready serves as Additional Independent Director of the Company. He s a freelance retail expert with over 28 years' of experience in fashion retail both online and offline. He graduated from London University with a B.Sc (Hans.) in Business Economics and entered the retail industry in the year 1992. Robert built his career across different functions in buying and merchandising while also moving his way from mid-size family owned River Island to blue chip multinational brand Arcadia Group, consolidating his strengths across customer insight, financial acumen, people skills, corporate business management and experience of multi-channel retailing. In the year 2004, he joined the new world of online retail as part of the startup team at Asos.com as Executive Director - Product & Trading, overseeing significant growth across all areas of the business. He joined the Asos Pic. Board of Directors and held responsibility for all product and trading strategy and delivery within the Company, across all 140 countries. Later also picking up ownership and delivery of marketing, PR and web creative. In 2010, Robert was instrumental in setting up the Asos Foundation, a charity directed to helping the people who had helped online fashion develop so rapidly, some of these partners were the Udayan Care Homes in Delhi and the Princes Trust Local Youth Charities in London.

Ameera Shah

Ms. Ameera Shah is Additional Independent Director of the Company. She is the Promoter & Managing Director of Metropolis Healthcare Ltd., a reputed chain of diagnostic centers with a loyal customer base across India, South Asia, Africa and Middle East. Metropolis delivers over 30 million tests annually and caters to over 2,00,000 consultants across emerging markets. Metropolis is rated amongst the top 1% laboratories globally for its quality systems and protocols.

Avnish Bajaj

Mr. Avnish Bajaj serves as Additional Non-Executive Independent Director of Shopper's Stop Ltd. He is the co – founder and Managing Director of Matrix Partners India which is an investment firm with INR 3000 cr under management. Matrix India invests across early and growth stages of businesses in select sectors – Internet & Mobile, Healthcare, Financial Services, Education and Customer Products & Services. Previously Avnish was the co – founder, Chairman and CEO of India’s Largest Online Marketplace – Baazee.com – which was acquired by eBay. eBay India today is the largest eCommerce Marketplace in India. He is a Baker Scholar from Harvard Business School, WARF Fellow from University of Wisconsin – Madison and a Computer Science graduate from Indian Institute of Technology, Kanpur.

Manish Chokhani

Mr. Manish Chokhani Non-Executive Independent Director of Shopper's Stop Ltd. He is among India's most respected investors and is Chairman of TPG Growth India. Most recently, Mr. Chokhani was the MD & CEO of Axis Capital Ltd, a leading Indian investment bank and a subsidiary of Axis Bank, India's third largest private sector bank with over $60 billion in assets. Axis Capital was formed through a $300 million acquisition of Enam Securities where Mr. Chokhani was Managing Director and CEO. Mr. Chokhani joined Enam in 1990 and was instrumental in building it into India's leading financial services firm. Over the years, he has been a trusted advisor to and has led fund raising for several of India’s blue chip firms including Infosys, Reliance, Vedanta, Zee and the Birla Group. He also co-founded Enam Asset Management that manages over $1 billion in equities for some of India’s wealthiest family offices. Mr. Chokhani continues to serve as an advisor to Axis Bank and also serves on the boards of Enam Holdings, Westlife Development (McDonald’s India franchisee) & Laxmi Organic (an IFC investee chemical company). He is an active member of the Mumbai chapter of the Young Presidents’ Organization. Mr. Chokhani is a Chartered Accountant and has an MBA from the London Business School where he has served on the International Alumni Board.

Deepak Ghaisas

Mr. Deepak K. Ghaisas is Independent Non-Executive Director of Shopper's Stop Ltd. He is the CEO – India Operations, CFO and Company Secretary of I-flex Solutions Ltd. Mr. Ghaisas is B.Com, A.C.A, F.C.S, A.I.C.W.A, Mr. Ghaisas is an Executive Member of the NASSCOM Executive Council. He is the Chairman of the IT committee of CII. Mr. Ghaisas was a member of the Internet Banking Committee of the Reserve Bank of India, which formulated guidelines on Internet banking and security in India. Mr. Ghaisas is a visiting faculty at management campuses in India and on the advisory board of a number of business schools. Mr. Ghaisas has won CFO Asia Award in the category – Managing Finance in a Small and Medium Enterprises.

Nitin Sanghavi

Professor Nitin J. Sanghavi is an Independent Non-Executive Director of Shopper's Stop Ltd. He holds Bachelor’s from Saurashtra University, Master’s and PhD from The University of Manchester. He is a Professor of Retail Marketing and Strategy at Manchester Business School, The University of Manchester. He brings to our Board immense wisdom as an educator and experience in retailing of over 32 years. He has held senior positions in buying, merchandising, operations and commercial areas for major organizations in UK and overseas. Since joining MBS he has directed and taught on many executive programmes for major retail and related organizations as well as FMCG organization and financial institutions from UK, USA, Asia and Middle East. He has also held a number of visiting appointments at universities around the world, including Japan, Australia, France, Switzerland; as well as Visiting Scholar/Professor at Harvard Business School and now at IIMA and Great Lakes Institute of Management in India, and is a frequent speaker at several national and international conferences. He also acts as a strategic advisor to the boards of many blue-chip retail organizations in UK, USA, Europe, Middle East and India. He has also been advisor to the British Council and Commonwealth Secretariat and Special Advisor to the World Bank on Retailing. He was given the Retail Leadership Award and an award for Retail Excellence by the Asia Retail Congress and was presented with the “Glory of India Award” by Indo-British Society for outstanding contribution to both countries.

Nirvik Singh

Mr. Nirvik Singh is Independent Non-Executive Director of Shopper's Stop Ltd. He is a post graduate from St. Xavier’s College, Kolkata. Mr. Singh brings to board his keen sense of marketing communications. He is a 21-year veteran of Grey Group and is serving as the Chairman and CEO of Grey Group Asia Pacific, a leading marketing communications network with over 2,000 employees across 30 cities in 17 countries. He was appointed to lead Grey Kolkata at the age of 26, and by 33, became the head of Grey India, transforming it into a high-profile, profitable company across India. Grey India has since been awarded “Agency of the Year” five times, while Mr. Nirvik has been honoured as one of 25 young rising stars in India by Business Today, as well as Agency Head of the Year by Media magazine in Asia. Mr. Singh has also received the “Bharat Nirman Award” for individual achievements and distinguished services in India.