Shoppers Stop Executive and Leadership Team

September, 2026

Leadership Overview

Shoppers Stop has 5 executives leading key functions including strategy, retail operations, financial management, revenue growth, and brand marketing.

Focused on delivering premium retail experiences across India, Shoppers Stop maintains a commitment to excellence in department store operations and customer satisfaction through its extensive national footprint.

Leadership Roles at Shoppers Stop

  • Chief Executive Officer - Asghar Ghourzai
  • Customer Care Associate & Managing Director & Chief Executive Officer - Kavindra Mishra
  • Chief Financial Officer - Pankaj Chaturvedi
  • Chief Revenue Officer, Cca - Arvind Rajagopalan
  • Customer Care Associate & Chief Marketing Officer - Jiten Mahendra
  • Asghar Ghourzai - Chief Executive Officer

    Asghar Ghourzai, the Chief Executive Officer at Shoppers Stop, directs the overarching corporate strategy and long-term vision for the retail enterprise. Ghourzai manages the expansion of the 4.35 million square foot retail footprint across India, ensuring that the department store model remains competitive in a rapidly evolving market. By aligning operational goals with the broader objectives of the K Raheja Corp. Group, the Chief Executive Officer optimizes resource allocation and drives sustainable growth. This leadership role involves constant collaboration with the Board to refine market positioning and enhance the value proposition for diverse consumer segments. Asghar Ghourzai maintains a sharp focus on operational efficiency, ensuring that every retail touchpoint reflects the high standards expected by the brand. Through rigorous oversight of national market trends, the Chief Executive Officer secures the company's status as a premier destination for fashion and lifestyle products.

    Kavindra Mishra - Customer Care Associate & Managing Director & Chief Executive Officer

    Kavindra Mishra, the Customer Care Associate & Managing Director & Chief Executive Officer at Shoppers Stop, oversees the daily execution of retail operations and the integration of customer-centric service models. Mishra drives the implementation of omnichannel strategies that bridge the gap between physical department stores and digital commerce platforms. By managing the operational synergy between the parent company and subsidiaries like Crossword Bookstores Ltd, the Managing Director ensures a cohesive brand experience across all retail channels. This leadership role requires constant monitoring of consumer behavior to adapt inventory and service delivery in real-time. Kavindra Mishra prioritizes the enhancement of the shopping environment, ensuring that every interaction within the 4.35 million square foot network meets the highest quality benchmarks. Through strategic leadership, the Managing Director fosters a culture of excellence that directly supports the company's mission to provide superior retail value to the Indian market.

    Pankaj Chaturvedi - Chief Financial Officer

    Pankaj Chaturvedi, the Chief Financial Officer at Shoppers Stop, manages the fiscal health and capital allocation strategies for the entire retail organization. Chaturvedi oversees financial reporting, budgeting, and investment planning to support the maintenance and expansion of the 4.35 million square foot retail portfolio. By analyzing market data and operational costs, the Chief Financial Officer ensures that the company maintains a robust balance sheet while pursuing growth opportunities in the competitive Indian retail sector. This leadership role involves close coordination with the executive team to align financial targets with strategic business initiatives. Pankaj Chaturvedi monitors cash flow and capital expenditure to ensure that the company remains agile in its real estate and retail investments. Through disciplined financial oversight, the Chief Financial Officer secures the necessary resources to sustain long-term profitability and operational stability across all regional business units.
    Pankaj Chaturvedi

    Arvind Rajagopalan - Chief Revenue Officer, Cca

    Arvind Rajagopalan, the Chief Revenue Officer, Cca at Shoppers Stop, directs the revenue generation strategies and sales performance across the national retail network. Rajagopalan oversees the optimization of sales funnels and the development of pricing models that maximize profitability within the department store segment. By analyzing regional market performance, the Chief Revenue Officer, Cca identifies opportunities to increase transaction volume and average order value across the 4.35 million square foot footprint. This leadership role involves collaborating with merchandising and operations teams to ensure that product availability aligns with consumer demand patterns. Arvind Rajagopalan drives the implementation of sales initiatives that enhance the company's market share in the Indian retail landscape. Through data-driven decision-making, the Chief Revenue Officer, Cca ensures that revenue targets are met consistently, supporting the overall financial objectives of the organization while maintaining a focus on high-quality customer service.

    Jiten Mahendra - Customer Care Associate & Chief Marketing Officer

    Jiten Mahendra, the Customer Care Associate & Chief Marketing Officer at Shoppers Stop, architects the brand identity and marketing campaigns that define the company's presence in the Indian retail market. Mahendra oversees the development of promotional strategies that drive foot traffic to the 4.35 million square foot retail network. By leveraging consumer insights, the Chief Marketing Officer creates targeted advertising and loyalty programs that strengthen the connection between the brand and the customer base. This leadership role involves managing the creative direction of all marketing assets and ensuring brand consistency across both physical and digital channels. Jiten Mahendra collaborates with the executive team to align marketing efforts with broader business goals, ensuring that promotional activities translate into measurable growth. Through innovative brand positioning, the Chief Marketing Officer secures the company's reputation as a leader in the department store industry, consistently attracting new shoppers to the retail ecosystem.
    Jiten Mahendra

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    Frequently Asked Questions Regarding Shoppers Stop Top Executives and Leadership Team

    Who leads Shoppers Stop?
    Shoppers Stop is led by Asghar Ghourzai (Chief Executive Officer), along with executives such as Kavindra Mishra (Customer Care Associate & Managing Director & Chief Executive Officer) and Pankaj Chaturvedi (Chief Financial Officer).
    Who is part of Shoppers Stop’s executive team?
    The executive team of Shoppers Stop includes leaders such as Asghar Ghourzai (Chief Executive Officer), Kavindra Mishra (Customer Care Associate & Managing Director & Chief Executive Officer), Pankaj Chaturvedi (Chief Financial Officer) and other senior executives.
    How many executives does Shoppers Stop have?
    Shoppers Stop has 5 executives leading key business areas.
    What roles are included in Shoppers Stop’s leadership team?
    The leadership team of Shoppers Stop includes roles such as Chief Executive Officer, Customer Care Associate & Managing Director & Chief Executive Officer, Chief Financial Officer, Chief Revenue Officer, Cca, Customer Care Associate & Chief Marketing Officer.