New Delhi: Dubai-based retail and hospitality conglomerate, Landmark Group, which is also the parent company of brands like Lifestyle, Max Fashion, Home Centre, Spar Hypermarkets and EasyBuy, has appointed Vasanth Kumar, executive director of Max Fashion India as the managing director of Lifestyle International with the responsibility for the strategic direction and execution of Lifestyle and Home Centre businesses, starting April 1, 2018.
Kabir Lumba, currently heading Lifestyle International as managing director, will be taking on a new role within Landmark Group, as CEO – Max and Director – Landmark Group in the Middle East, based out of Dubai, the company said in a statement. He will assume this role from May 1, 2018.
Lumba has led the Lifestyle and Home Centre business for the past 14 years and has built Lifestyle International, into one of the most respected retail companies in India, the statement said.
In the other leadership change, Shital Mehta will be joining the India leadership team in January 2018, and will officially take on the role of executive director and CEO, Max Retail Division, on April 1, 2018. Mehta has over 23 years of experience with the last 17 years at the Aditya Birla Group in India. At Aditya Birla, Mehta was responsible for building and expanding leading menswear brands, ensuring strong backend infrastructure and brand positioning. In the last 4 and a half years, as CEO of Pantaloons, he led the successful integration of the brand, strengthening their position in the market.
Vinod Menon, Group CFO, who was recently inducted into the board as Director, Lifestyle International, will direct and lead corporate affairs and business support functions.