Edition:
India

Future Lifestyle Fashions Ltd (FLFL.NS)

FLFL.NS on National Stock Exchange of India

404.95INR
19 Nov 2019
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Summary

Name Age Since Current Position

Shailesh Haribhakti

63 2013 Non-Executive Independent Chairman of the Board

Vishnu Prasad

57 2019 Chief Executive Officer

Sanjay Mutha

2015 Chief - Legal, Compliance Officer, Company Secretary

Kishore Biyani

56 2013 Managing Director, Executive Director

Avni Biyani

2016 Additional Director

Luv Parikh

44 2019 Additional Nominee Director

Rakesh Biyani

45 2013 Non-Executive Director

Rahul Mehta

2014 Additional Non-Executive Director

Chandra Toshniwal

2016 Non-Executive Director

Sharda Agarwal

50 Independent Director

Darlie Koshy

2013 Non-Executive Independent Director

Biographies

Name Description

Shailesh Haribhakti

Shri. Shailesh V. Haribhakti is Non-Executive Independent Chairman of the Board of Future Lifestyle Fashions Ltd. He is the Managing Partner of Haribhakti & Co., Chartered Accountants and CEO of Haribhakti Group. He is the only Indian Member on the Standards Advisory Council of the International Accounting Standards Board. He is Chairman, Financial Planning Standards Board, India and serves on Financial Planning Standards Global Board. He is a Member of the 'Takeover Panel' constituted by SEBI, is a member of the SEBI Committee on Disclosures and Accounting Standards; and Convergence Committee of the Institute of Chartered Accountants of India (ICAI). He is on the Board of Directors of several listed companies.

Vishnu Prasad

Mr. Vishnu Prasad is Chief Executive Officer of the Company. Mr. Vishnu has over three decades of sales and retail experience. He joined the Future Group in 2001 and set up the Big Bazaar stores in the South, before moving on to head the Central and Fashion Brands. Prior to joined Future Group, he worked with Arvind Mills for 13 years.

Sanjay Mutha

Mr. Sanjay Kumar Mutha is Chief Legal, Compliance Officer, Company Secretary of the Company. He is a member of the Institute of Company Secretaries of India.

Kishore Biyani

Mr. Kishore Biyani is Managing Director, Executive Director of Future Lifestyle Fashions Ltd. He is the Managing Director of Future Retail Ltd and the Group Chief Executive Officer of Future Group. Kishore Biyani led the company’s foray into organised retail with the opening of the Pantaloons family store in 1997. This was followed in 2001 with the launch of Big Bazaar, a uniquely Indian hypermarket format that democratized shopping in India. It blends the look and feel of the Indian bazaar with aspects of modern retail like choice, convenience and quality. This was followed by a number of other formats including Food Bazaar, Central and Home Town. 2006 marked the evolution of Future Group that brought together the multiple initiatives taken by group companies in the areas of Retail, Brands, Space, Capital, Logistics and Media. Mr. Biyani advocates ‘Indianness’ as the core value driving the group and the corporate credo ‘Rewrite Rules, Retain Values.’ Regularly ranked among India’s most admired CEOs, he is the author of the book It Happened in India. He has won numerous awards from government bodies and the private sector in India and abroad and is on the board of a number of bodies, including the National Innovation Foundation in India and the New York Fashion Board.

Avni Biyani

Luv Parikh

Mr. Luv Dinesh Parikh is Additional Nominee Director of the Company. He is a Blackstone nominee, with experience in sourcing and executing investment transactions in Asia-Pacific. Mr. Parikh is a Managing Director in Blackstone's Tactical Opportunities Group in Singapore. At Blackstone, he has been involved in several transactions across both the Tactical Opportunities and Private Equity groups including Data Centres International (Australia), Partners Life (New Zealand), IARC (Indian non-performing loan platform), Trans Maldivian Airways (Maldives), Nagarjuna Constructions and Nuriveedu Seeds (India). Prior to joining Blackstone in 2008, Mr. Parikh was at Lehman Brothers New York, where he was part of the Financial Sponsors, Leveraged Finance and Corporate Advisory teams within investment banking. Prior to Lehman, Luvwas the CEO of an automobile distributorship company in India where he led a successful turnaround in the company's profitability. Luv started his career at Prudential Securities in the Private Equity Placements Group. Mr. Parikh received a BS in Economics, majoring in Finance and Entrepreneurial Management from the Wharton School, University of Pennsylvania in 1998. He also received an MBA from Columbia Business School in 2006, where he was a recipient of the Board of Overseers Fellowship and graduated as a member of the Beta Gamma Sigma Honors Society.

Rakesh Biyani

Shri. Rakesh Biyani is Non-Executive Director of Future Lifestyle Fashions Ltd. He is a Commerce Graduate and has done his Advanced Management Program from Harward Business School. He is Joint Managing Director of Future Retail Limited and actively involved in category management, retail stores operations, information technology and exports.

Rahul Mehta

Chandra Toshniwal

Mr. Chandra Prakash Toshniwal is Non-Executive Director of Future Lifestyle Fashions Ltd. He is a qualified chartered accountant and company secretary. He started his journey in PRIL in May 1997 and has over 21 years of managerial experience. He has also worked with other corporate houses viz Donear Synthetics Limited, Orient Vegetexpo Limited and Control Print India Limited prior to his association with Future Group. He is a member of the CII National Committee on Accounting Standards. He is on the Board of Studies of the Institute of Chartered Accountants of India. He has represented Retail Industry on various topics of public interest in different forums. He has domain knowledge of Indian Retail Industry with understanding of Information Technology systems and proven ability in setting up systems and procedures for robust management accounting. He is having experience in the field of Corporate and Strategic Planning, Financial planning & restructuring, Risk management system and process implementation, mergers, amalgamations, takeover of business enterprises, raising capital through innovative financial products.

Sharda Agarwal

Ms. Sharda Agarwal is Independent Director of the Company. She holds a postgraduate diploma from Indian Institute of Management, Bangalore and a B.Sc. Honours (Economics) degree from St. Xavier's College, Kolkata. She is a renowned marketing and brand expert, with over two decades of experience in various industries and sectors. She is the co-founder of MarketGate Consulting. She has served as Director of Marketing at Coca Cola India and was also associated with Johnson & Johnson in India and the US. She is also the co-founder of Sepalika, a website that helps people with chronic ailments.

Darlie Koshy

Dr. Darlie O Koshy is Non-Executive Independent Director of Future Lifestyle Fashions Ltd. He has served the National Institute of Design (Ministry of Commerce, Govt of India) as Director for two terms. Prior to this, he was the founding Chairperson of Fashion Management at the National Institute of Fashion Technology (Ministry of Textiles, Govt. of India). He is currently Director General and CEO of ATDC Network of 58 Institutes / Centres and two premier campuses of Institute of Apparel Management under the aegis of AEPC (Sponsored by Ministry of Textiles, GOI). Dr. Koshy received the Delhi IIT Alumni Award for his contributions to National Development in 2008. Dr. Koshy has also been conferred with the ‘Star of Italian Solidarity’, one of the highest civilian awards bestowed by the Government of Italy. Dr. Koshy is the author of three pioneering books, including the much acclaimed Indian Design Edge. He holds a PhD from IIT Delhi, besides an MBA degree.

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