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Aditya Birla Fashion and Retail Sets Structured Succession Plan for Key Leadership Roles

Story Highlights
  • ABFRL has set a phased leadership transition at Pantaloons, appointing Suraj Bahirwani as incoming CEO while current chief Sangeeta Tanwani guides the handover before retiring in early 2027.
  • The board named Marco Agnolin as CEO of OWND! and chose Nikhil Modha as next CFO, with current finance head Jagdish Bajaj overseeing an orderly transition before his year-end 2026 retirement.
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Aditya Birla Fashion and Retail Sets Structured Succession Plan for Key Leadership Roles

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Aditya Birla Fashion and Retail Limited ( (IN:ABFRL) ) has shared an update.

Aditya Birla Fashion and Retail has approved a series of senior leadership changes, outlining a structured succession plan across its core businesses and finance function. At its latest board meeting, the company named Suraj Bahirwani as CEO (Designate) of Pantaloons from April 1, 2026, transitioning to full CEO on October 1, 2026, while incumbent CEO and whole-time director Sangeeta Tanwani will remain in charge of Pantaloons until September 30, 2026 and then serve as advisor to the managing director until her retirement on January 31, 2027.

The board also appointed Marco Agnolin as CEO of the company’s OWND! business with effect from April 6, 2026, underscoring the group’s focus on building out its emerging fashion formats. In the finance function, Nikhil Modha will become CFO (Designate) from April 1, 2026 and take over as chief financial officer and key managerial personnel on January 1, 2027, with current CFO Jagdish Bajaj supervising the transition until his retirement on December 31, 2026, signaling an emphasis on continuity and orderly handovers in key leadership roles.

More about Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Limited is a leading Indian apparel and fashion retailer, operating across branded fashion, value retail and emerging lifestyle concepts. The company’s portfolio includes the Pantaloons retail chain and new-age formats such as OWND!, positioning it as a key player in India’s organized fashion and lifestyle market.

Average Trading Volume: 706,437

Technical Sentiment Signal: Sell

Current Market Cap: 69.23B INR

For a thorough assessment of ABFRL stock, go to TipRanks’ Stock Analysis page.

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