The UAE-based retail giant, Landmark Group has appointed Kabir Lumba as the new CEO for Landmark Retail. He has taken over Renuka Jagtiani and will spearhead the Group’s retail business growth in key markets in Middle East and South-East Asia.
Renuka Jagtiani, former CEO/Chairwoman, will remain closely involved in the business in her capacity as Chairwoman for the Group and will focus on developing the overall vision, strategy and strengthening governance.
Renuka Jagtiani, Chairwoman, Landmark Group, said “As we look to embrace new possibilities, it is imperative that we appoint a proactive, future-focused leader who believes in our vision and can forge an exciting new era for our retail business. Having been a part of Landmark Group for 18 years, Kabir has a great understanding of the Group and business and displays remarkable leadership and people skills. I am proud today to transition the responsibility of the CEO, Landmark Retail to Kabir, who embodies the Group’s values.”
She further added that the business will continue to be an intrinsic part of my life. In my role as Chair, I will be able to devote more effort to furthering the Group’s vision and strategy, spending more time on the Group’s other business verticals and exploring new business opportunities.”
Kabir joined Landmark Group almost 18 years ago, heading its business operations in India. In 2018, he moved to Dubai and held several senior roles, including Group Director for the retail conglomerate in the Middle East and CEO of the Group’s largest fashion business, Max Fashion, which is now one the leading value-fashion brands in the region.
Under his leadership, Max recorded sustained growth milestones, including increased online sales, entry into the South-East Asian market and reigniting the business in Egypt.
Expressing gratefulness to Landmark Group’s Board of Directors, Kabir Lumba said, “I am excited to unlock the next phase of growth for the division, both across brands and geographies. I am committed to driving value creation by building on our Group’s established legacy in the region and strengthening the bonds between our brands and millions of customers, through innovation across business.”
Last year in January, Kabir became the interim chief executive of the company after Rishi Vasudev’s departure as the CEO.
