Fabindia onboards Rajeshwari Srinivasan as CEO – ET Retail

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Rajeshwari Srinivasan

New Delhi: Ethnic apparel retailer Fabindia has appointed Rajeshwari Srinivasan as its CEO, effective April 2023, to lead the next phase of growth for the company.

Srinivasan will succeed Vinay Singh, who led the company as MD and CEO for 7 years. Singh will continue as a non-executive director on the Fabindia board.

“The Fabindia family welcomes Ms Srinivasan and we are confident that under her leadership, Fabindia’s business will continue to focus on sustainable growth and generate a positive impact for our stakeholders and shareholders,” commented William Bissell, MD, Fabindia.
Srinivasan has more than 30 years of experience in FMCG, retail, luxury, and hospitality sectors. Prior to joining Fabindia, she held executive roles at TATA Group companies including Rallis India, Tata Consumer, Indian Hotels and Titan Company. She is an alumnus of the Indian Institute of Foreign Trade (IIFT) and is also a Chevening Scholar.

Earlier this year, Fabindia announced that it has shelved its Rs 4,000 crore IPO plans due to ‘non-conducive’ market conditions. As per a report in March, the company and some of its PE investors are planning to raise Rs 1,200 crore by selling shares to financial investors.

  • Published On Apr 17, 2023 at 03:45 PM IST

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