Avenue Supermarts Appoints Anshul Asawa as CEO, Effective March 15, 2025
January 13, 2025 at 09:25 am EST
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Avenue Supermarts Limited has appointed Anshul Asawa as CEO designate with effect from March 15, 2025. He succeeds Ignatius Navil Noronha who will complete his five-year term as managing director of the company on 31st January, 2026. Asawa will succeed Noronha as managing director and CEO with effect from February 1, 2026, subject to the approval of the shareholders of the company.
Asawa has spent nearly three decades at Unilever including stints in India, the Netherlands, and the United Kingdom before moving to Avenue Supermarts. His most recent designation was of country head, Thailand, and general manager, greater Asia, home care.
Avenue Supermarts Limited is an India-based company, which is engaged in the business of organized retail and operating supermarkets under the DMart brand name. DMart is a supermarket chain that offers customers a range of products with a focus on the foods, non-foods fast-moving consumer goods (FMCG) and general merchandise and apparel product categories. Its stores stock home utility products, including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and others. The Company offers its products under various categories, such as bed and bath, dairy and frozen, fruits and vegetables, crockery, toys and games, kidsâ apparel, ladiesâ garments, apparel for men, home and personal care, daily essentials, grocery, and staples. DMart operates approximately 365 stores and has a presence across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, and Chhattisgarh.