Raymond Lifestyle Ltd has announced that Sunil Kataria will be stepping down as Managing Director and Board Member to pursue personal aspirations. The Board has accepted his resignation and will soon begin the process of appointing a new CEO.
In the interim, the company’s operations will be overseen by Executive Chairman Gautam Hari Singhania and the experienced senior management team. With a 100-year-old legacy, Raymond Lifestyle boasts a strong leadership foundation committed to driving continued growth.
Gautam Hari Singhania acknowledged Kataria’s contributions, stating: “Sunil played a key role in strengthening Raymond Lifestyle’s market presence and leading the company’s transformation. We appreciate his leadership and wish him success in his future endeavors.”
Reassuring stakeholders, Singhania added: “Raymond Lifestyle is built on a strong foundation with a seasoned leadership team. As we explore new market opportunities, we remain confident in attracting top talent to accelerate our growth.”
Expressing gratitude, Sunil Kataria shared: “Leading a brand with such a rich legacy has been an enriching experience. I am proud of the progress we have made and leave with great confidence in the company’s future.”
