In a regulatory filing to the BSE, the company also announced the resignation of Sanjay Chakravarti as the Chief Financial Officer (CFO) with effect from December 22 this year.
"The Board of Diectors at its meeting... has approved appointment of Rajiv Suri as CEO of the company with effect from January 9, 2018," said the BSE filing.
"... resignation of Sanjay Chakravarti as CFO with effect from the close of business hours on December 22, 2017," it added.
Prior to the new appointment, Suri was the CEO for the Majid Al Futtaim (MAF) Fashion business which is spread across close to 140 stores in the Middle East.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.