Raymond Way of life introduced that Sunil Kataria might be stepping down as managing director (MD) and Board member in pursuit of his private aspiration exterior of the corporate, the corporate knowledgeable in a BSE submitting. The Board has accepted his resignation and can provoke the method of figuring out and onboarding a brand new CEO. Within the interim, to make sure continuity and transition, the prevailing senior administration crew led by govt chairman Gautam Hari Singhania will oversee the enterprise operations.
Gautam Hari Singhania, govt chairman, Raymond Way of life, acknowledged Kataria’s contributions, stating: “Sunil Kataria has been instrumental in strengthening Raymond Way of life’s market presence and main the corporate via section certainly one of our transformation. We admire his management and contributions and need him success in his future endeavors.”
Reaffirming confidence within the firm’s future, Singhania added: “Raymond Way of life stands on a robust basis with an skilled management crew in place. As we navigate evolving market alternatives, we’re assured of attracting prime expertise to speed up our progress trajectory.”
Sunil Kataria expressed gratitude for the chance, stating: “I’m grateful to Gautam Hari Singhania and your complete Raymond Way of life crew for this distinctive alternative to steer a model with such a wealthy legacy. It has been an enriching journey, and I’m pleased with the progress now we have made collectively. I go away with nice confidence within the firm’s future and its skill to attain new milestones.”
Written with the View : afaqs
