Effective April 1, 2020 Walmart has appointed Sameer Aggarwal to the position of chief executive officer of its India, replacing Krish Iyer, who is retiring from full-time management but will continue to work in an advisory role at Walmart India until June 30.
Aggarwal had joined Walmart India in April 2018 as chief strategy and administrative officer. He was then promoted to deputy CEO of Walmart India in January, making this new appointment his third promotion. He has over two decades of international business experience, including leadership roles at Yum Brands, Sainsbury’s in the UK and China and McKinsey & Co in Australia.
Aggarwal will report to Dirk Van den Berghe executive vice president and regional CEO of Asia at Walmart. He will lead Walmart’s growth strategy in the Indian market. Walmart currently operates 28 Best Price cash-and-carry stores in the country.
Dirk said in a statement: “Sam has done a fantastic job in the past two years. He led the charge to make our proposition more customer-centric, developing digital offerings to prepare for our omnichannel services in the future. I look forward to seeing him make a greater impact on our Best Price members and associates in India.”