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Krishna Iyer appointed CEO of Wal-Mart India

Dec 14, 2013 16:10 IST

Krishna Iyer was appointed President and CEO of Wal-Mart India. It was announced by the US retail giant Wal-Mart on 13 December 2013. The appointment will be effective January 20, 2014, the company said in a statement.

Iyer, who will report to Wal-Mart Asia regional President and CEO Scott Price, will replace interim CEO Ramnik Narsey, who is taking a new role as senior vice president, Wal-Mart International.

According to Scott Price, president and CEO of Wal-Mart Asia, Krish will be responsible for leading the growth and success of our India operations while also continuing to develop our future retail strategy there.

Originally from Mumbai, India, Iyer joined Wal-Mart International as a senior vice-president in 2012.

Prior to Wal-Mart, he spent six years with AS Watson Group, a leading international health, beauty and lifestyle retailer, serving as managing director in Thailand, Taiwan and the Philippines and regional business development director and regional director for store design and development for Asia and Eastern Europe.

Before that, Iyer was managing director and CEO at Piramyd Retail Limited.

Iyer is a Chartered Accountant, having received his Bachelor's degree with honours in Commerce and Economics from the University of Mumbai in India.

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Read more Current Affairs on: Wal-Mart India , Krishna Iyer , Scott Price , Ramnik Narsey

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