D-Mart appoints Anshul Asawa as CEO, Neville Noronha to step down in 2026

Quick Summary:

Avenue Supermarts, which owns and operates the retail chain D-Mart, has announced a top-level management reshuffle with the appointment of Unilever's Anshul Asawa as its CEO Designate.

The incumbent Managing Director and CEO Neville Noronham, whose current term is ending in January 2026 - a year from now, will not be offering his candidature for renewal of his role, according to a statement from Avenue Supermarts.

Asawa currently serves as Country Head of Unilever in Thailand and General Manager for the Home Care business unit in Greater Asia.

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Article Details

Category: BusinessFinance

Markets: IndiaThailand

Topics: Neville Noronha D-Mart Anshul Asawa Avenue Supermarkets CEO designate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-11 @ 21:40:27 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25066410

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