Kabir Lumba, the CEO-designate and group director of Landmark Group, becomes the interim Chief Executive Officer of Lifestyle and Home Centre, India’s largest department store chain. The development comes after Rishi Vasudev departed as the CEO of the two store chains.
The company in a press statement said, “Rishi Vasudev, CEO of Lifestyle and Home Centre, had decided to move from Lifestyle International Private Limited due to personal reasons. The company will announce his successor in due course.”
“In the interim, Kabir Lumba, CEO - designate and group director, Landmark Group will be managing the responsibilities, in addition to his current role within the Landmark Group,” it added.
In India, Kabir Lumba has led Lifestyle and Home Centre business for 14 years, before joining in as the CEO of the Max Middle East in 2018 and later as the CEO of the Landmark Group.