Walmart India Ropes In KFC's Sameer Aggarwal to Head Its Key Functions

Walmart India, the wholly owned Indian arm of Walmart Inc., will now have a new helmsman to spearhead its finance, technology, legal, audit and strategy functions. The Indian subsidiary of the world’s leading retailer known for its efficiency and expertise in logistics, supply chain management and sourcing, has roped in Sameer Aggarwal as executive vice president and chief strategy & administrative officer.  With effect from April 2, Aggarwal will directly report to Krish Iyer, President & CEO of Walmart India.

 

Aggarwal, popularly known as Sam in corporate, especially retail circles, had had a number of successful stints with Sainsbury’s in UK & China, working as Head of Strategy and Executive Assistant to the CEO (to assist with the CEO transition); with McKinsey & Co, UK & Australia working as Associate Partner leading projects globally across various sectors and functions for over seven years. Immediately before joining Walmart, he was working as the Chief Finance, Development & Supply Chain Officer for KFC, Thailand.

 

An alumnus of London Business School, holding a Masters degree in Business Administration and a fellow member of the Institute of Chartered Accountants of India, Aggarwal has always proved his mettle in whatever capacity he worked in.

“I am extremely pleased to announce the appointment of Sameer Aggarwal as our Executive Vice President and Chief Strategy & Administrative Officer. Sam brings with him over two decades of wealth of international experience in general management, strategy, finance and mergers & acquisitions. His experience in retail and his functional expertise are perfectly suited for aligning our transformation and growth journey with our core business strengths while serving our members uniquely and in the most efficient ways. I am very happy to have him on board and wish him all success,” said Krish Iyer, President & CEO, Walmart India.

 

It is pertinent to mention here that Walmart India at present owns and operates 21 Best Price Modern Wholesale stores in as many as nine states across India and provides omni-channel shopping experience across all the outlets. Walmart India has also recently opened a Fulfillment Centre in Mumbai.