R Subramanian, MD, Subhiksha, has been unanimously appointed from amongst 250 industry stalwarts as the new Chairman of the Indian Retail Forum (IRF) for the year 2008. His name was nominated by Bijou Kurien, President & CEO, Reliance Lifestyle Holdings; Sanjiv Goenka, Vice Chairman, RPG Group; and BS Nagesh, MD, Shoppers Stop, according to an official communiqué.
Accepting his new role, Subramanian said, “It is a true honour to be selected Chairman of IRF and I accept this with the wish to exceed expectations of all stakeholders. I aspire to make the IRF an intellectually stimulating and inspiring platform and look forward to working towards empowering the Indian retail sector with global best practices and take it to even greater heights.”
The Indian Retail Forum 2008 is scheduled to be held in Mumbai from September 16-18.
V Vaidyanathan, the outgoing Chairman of IRF, in his introductory message said, “As I hand over the reigns of the IRF to its new chairman, I am confident that Subramanian, with his visionary thinking and leadership skills, will take this forum to newer heights. The unparalleled growth of his company, Subhiksha, despite a slowing economy is testimony to his ability in evolving a unique and India centric model. I welcome Subramanian as the new chairman of the IRF.”
Subramanian will chair the 2008 edition of the Magnum Opus of Indian retail, where over 3,000 participants from across the globe – including retailers, retail support fraternity, mall developers, real estate developers, funders and delegates from the industry would come together to understand and explore the world’s most lucrative retail market. It would showcase the business of retail in the region to a global audience with the objective of facilitating understanding about the retail business in India and encouraging investment in the same.