Aditya Birla Fashion and Retail Announces Leadership Changes
Aditya Birla Fashion and Retail Ltd. announced several key leadership changes on March 24, 2026. The changes involve appointments and transitions for the CEO of Pantaloons, CEO of OWND!, and Chief Financial Officer (CFO).Suraj Bahirwani has been appointed CEO (Designate) – Pantaloons and Senior Managerial Personnel, effective April 1, 2026, and will assume the role of CEO – Pantaloons also on October 1, 2026. Sangeeta Tanwani, the current CEO – Pantaloons and Whole-time Director, will oversee a transition of her role and continue as CEO until September 30, 2026. From October 1, 2026, until her retirement on January 31, 2027, she will serve as an advisor to the Managing Director.
Marco Agnolin has been appointed CEO – OWND! and Senior Managerial Personnel, effective April 6, 2026.
Nikhil Modha has been appointed Chief Financial Officer (Designate) & Senior Managerial Personnel, effective April 1, 2026, and will assume the role of Chief Financial Officer & Key Managerial Personnel on January 1, 2027. Jagdish Bajaj, the current CFO, will oversee a transition period until December 31, 2026, before retiring from the company.
Leadership Profiles
Suraj Bahirwani brings over two decades of experience across strategy, retail operations, and B2B and B2C businesses in both Indian and global markets. He holds a Ph.D. from Mumbai University and a Post Graduate Diploma in Management from S.P. Jain Institute of Management & Research, and is a Chartered Accountant.
Marco Agnolin has 30+ years of experience in global fashion retail, including roles at Inditex and Diesel.
Nikhil Modha brings over 26 years of experience in finance, including extensive experience in M&A, capital raises, and restructuring initiatives within the Aditya Birla Group. He is a Chartered Accountant and a Commerce graduate.
The board meeting concluded at 12:46 p.m. Further details are available on the company’s website at www.abfrl.com.
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