New Delhi: Raymond Limited, a textile, apparel, retail and real estate conglomerate on Wednesday has announced the appointment of Atul Singh as executive vice chairman of the Group subject to necessary regulatory clearances.
Singh is a consumer industry veteran with over 35 years of experience leading multi-billion dollar businesses across several geographies globally. He had worked with Coca-Cola for about two decades at several senior leadership positions and concluded his journey there as chairman, Asia Pacific and spearheaded businesses across 25 countries.
Prior to joining Coca-Cola, he worked at Colgate-Palmolive for 10 years where he held several leadership positions globally. His last stint at Colgate-Palmolive was country manager, Nigeria.
Commenting on the appointment, Gautam Hari Singhania, chairman and managing director of the company said, “I have always believed in the philosophy of demarcating ownership and management that brings in the global expertise and good governance. Raymond is at an inflection point and has embarked upon the journey to be a future ready organisation to achieve profitable growth and value unlocking. As we are headed to complete 100 years of our existence, a strong leadership for the organisation will propel us to scale up our businesses both in domestic and global markets.”
Currently, the group has several brands within its retail portfolio including, Raymond Ready to Wear, Park Avenue, ColorPlus, Parx, Raymond Made to Measure and Ethnix by Raymond amongst others. It has retail networks in the country with around 1,400 stores in more than 600 towns.
It is also present in FMCG sector through Raymond Consumer care that offers wide range of products in men’s personal grooming category and personal hygiene.