New Delhi: Raymond Lifestyle has appointed Rajiv Sharma as the Non-Executive Director, expanding its Board of Directors, it announced in a press release on Monday.
The appointment follows Raymond’s plan to list the demerged business – Raymond Lifestyle Limited, in early September.
On his appointment, Gautam Hari Singhania, chairman of Raymond Lifestyle commented, “I welcome him to the RLL Board as the company embarks on an exciting journey as a focused, pure-play branded textile and apparel player. The diverse and deep expertise of our Board will complement RLL management’s passion and commitment as we pursue large domestic opportunities, including those in the wedding, apparel, and sleepwear segments.”
With an experience of three decades, Sharma has previously worked with the Coats Group a global multi-industry for over fourteen years, including seven years as its Group CEO. He has served on the board of joint ventures at GE Energy and Shell and has held management positions at Saab Systems Inc. and Honeywell.
The company currently has over 1,500 stores across 600 cities and towns. It also has a presence in the B2B space through its garments business.
