Future Group’s retail arm Future Retail Limited has announced the appointment of Sadashiv Nayak as Chief Executive Officer (CEO) effective from August 25, 2021.
Additionally, Nayak shall also act as Key Managerial Personnel (CEO) for the purpose of compliance under applicable provisions of the Companies Act, 2013.
Nayak has been associated with Future Group for over 17 years and in the last 8 years as the CEO of Big Bazaar. During his role, he has played a pivotal role in making Big Bazaar what it is today. He had worked at various designations during his association within the Group.
Prior to Future Group, he was associated with Hindustan Unilever Limited and Asian Paints Limited. He had over 27 years of experience in the Retail Industry.
Nayak holds an engineering degree in Electronics and Communications from National Institute of Technology, Karnataka, and a post-graduate diploma in Business Management from XLRI, Jamshedpur.
