Big change in Dmart, Supermarkets MD Neville Noronha will step down, know who will take his place?

New Delhi: Neville Noronha, chief executive officer (CEO) of Avenue Supermarkets Limited, the company that operates DMart, will step down as managing director and CEO after his current tenure, which ends in January 2026. Anshul Asawa is going to join Avenue Supermart in March 2025.

CEO Neville steps down after 20 years

Avenue Supermarkets, which runs retail chain D-Mart, has announced a top-level reshuffle, appointing Unilever's Anshul Asawa as its CEO. According to a statement from Avenue Supermarket, current managing director and CEO Neville Noronha, whose current term expires in January 2026 – which is a year from now – will not present his candidature for renewal of his post. “The board of directors respects his decision and expresses our deep gratitude for his extraordinary contributions to the company,” the board said. The board has appointed Anshul Asawa as CEO with effect from March 15, 2025.” Avenue Supermarts said Neville has decided not to extend his contract after providing successful leadership for 20 years. Neville joined D Mart in 2004. Had joined.

Who is Anshul Asawa?

Anshul Asawa, an alumnus of IIT Roorkee and IIM Lucknow, will join DMart after a 30-year-long tenure at Unilever, Avenue Supermarkets Ltd said in an exchange filing. Anshul Asawa currently serves as the Country Head of Unilever in Thailand and General Manager of the Home Care Business Unit in Greater Asia. During his tenure of over 15 years in India, Anshul has held key leadership positions in sales, marketing and distribution. Also read…