Mr. B S Nagesh Chairman and Non–Executive Director
Mr. B.S. Nagesh, is the Chairman and Non–Executive Director of Company. He is the Founder of TRRAIN (Trust for Retailers and Retail Associates of India) and the not for profit Company TRRAIN Foundation. TRRAIN has a vision of “Empowering people in Retail”. In the last 6 years it has created livelihood for more than 8,500 disabled youth and skilled more than 26,000 youth in retail. Mr. Nagesh has been involved with Shoppers Stop Limited (“Holding Company”) since its inception in 1991 as its first employee and became Vice-Chairman. Thereafter, he has been appointed as the Chairman of Shoppers Stop Limited w.e.f June 8, 2018. He stepped out of the day-to-day roles of the business as Managing Director in the year 2009. Mr. Nagesh is a MBA from Banaras Hindu University, Varanasi.
Mr. Karunakaran Mohanasundaram Non–Executive Director and Chief Financial Officer
Mr. Karunakaran Mohanasundaram (Karuna), is the Non–Executive Director and Chief Financial Officer of the Company. He is Chief Financial Officer of Shoppers Stop Limited; Holding Company and of the Company. Karuna has over 25 years of hands-on experience in consumer, pharmaceutical industries, and largest direct selling beauty company in the world. His primary role was as country and regional CFO for large US based global multinational corporations in the recent years.
In his Regional Role, he has provided strong and clear leadership to business units in each country and their finance leads on strategic and budget planning process and drove day-to-day performance to improve revenue, profits and cash in each business unit so that the region met its quarterly and annual financial goals. Led and established robust but simplified business and financial processes, including all areas of compliance for financial reporting, S&OP process, IT systems and Cost and Cash Improvement programs. Built strong capability in the team and successfully developed potential future finance leads and successors.
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 from 2014 to 2018 and prior to that from 2005 to 2014 Karuna was in Heinz as Country CFO and later as CFO for Asia. Further from 1993 to 2005 Karuna worked in Boehringer/Nicholas Piramal as Head of Finance and General Manager Finance and prior to that from 1991 to 1993 Karuna worked in Reliance Industries Limited.
Karuna is a qualified Chartered Accountant and Company Secretary, with more than 25 years of experience.
Ms. Ameesha Prabhu, Non-Executive Director
Ms. Ameesha Prabhu, is a Non-Executive Director of our Company. She is a Chief Executive Officer of Trust for Retailers and Retail Associates of India (TRRAIN) and shoulders the responsibility of nurturing all the initiatives of TRRAIN.
She started her career in retail over 22 years ago. Her hands-on experience at various department and specialty stores, lifestyle and value formats have given her an in-depth understanding of the Buying & Merchandising function, along with end-to-end Category Management. She has also acquired holistic perspective of various retail businesses, their financials & profitability criteria’s. She has lead a large team of category managers & has worked in various departments starting from apparels, accessories, books, music, stationery & general merchandise. She has worked with leading organizations such as Tesco Hindustan Wholesaling Ltd, Aditya Birla Retail, Crossword Bookstores, Swatch Group and Shoppers Stop Ltd. She specializes in range and product development including private labels (sourced nationally & internationally), assortment planning & understanding the retail customer. She also has been a functional expert in Retail ERP- JDA, SAP & Oracle Retail.
Her understanding of the retail environment, as well as her empathy with the front-end associates, is the result of her personal journey from the shop floor to being the Head of Buying. At TRRAIN, she is a role model and mentor to the enthusiastic, young team. She relishes opportunities to share her insights with aspiring retail professionals and entrepreneurs.
Mr. Devadas C Non–Executive Director
“Mr. Devadas Chittozhi, is the Non–Executive Director of the Company. He is having 30 years of experience in Retail Supply chain. He started his career with Weekender and had worked with the said Company for 8 years as Head of Logistics. He later joined Shoppers Stop Limited and has been working with them for the last 22 years as Head Supply chain, Mission Control, Distribution & Logistics. He has received “Best Supply Chain Officer” in India Award from Kamikaze B2B Media for the year 2014. He is an Advisory Council Member for Express Logistics and Supply chain (ELSC) and Supply chain Committee Member for Retail Association of India (RAI). Mr. Devadas Chittozhi has done his B.Com from Calicut University, Kerala and PGDBM from Alagappa University.”