Future Lifestyle Fashions Limited announced that at its board meeting held on 30 April 2020, approved that: Mr. Vishnuprasad M, Chief Executive Officer of the company has been elevated and appointed as Managing Director of the company for a period effective from 30 April 2020 till 19 December 2021, subject to the approval of the Shareholders at the General Meeting of the company. He joined the Future Group in 2001 and set up the Big Bazaar stores in the South, before moving on to head the Company's Retail format "Central" and Fashion Brands. Prior to joining the Future Group, he has worked with Arvind Mills for 13 years; Mr. Kaleeswaran Arunachalam, has resigned as Chief Financial Officer of the company with effect from the closure of the business hours on 30 April 2020.

Consequently, he also ceased to be Key Managerial Person of the company; Mr. Saurabh Bhudolia has been appointed as Chief Financial Officer and Key Managerial Person of the company with effect from 1 May 2020. Presently, he is working as Chief Financial Officer of the company's retail format "Central" and fashion brands. Prior to joining the company, he had working stints with Cadbury India Ltd., Tata Steel Ltd. and Sula Vineyards Pvt.

Ltd.