Shoppers Stop Executive and Leadership Team

November, 2026

Leadership Overview

Shoppers Stop has 6 executives leading key functions including strategy, financial oversight, revenue generation, and marketing operations.

Focused on delivering premium retail experiences across India, Shoppers Stop maintains a commitment to operational excellence and customer-centric growth within the competitive department store landscape.

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
  • Managing Director - Venu Nair
  • 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 alignment of departmental goals with the broader objectives established by the K Raheja Corp. Group. By overseeing the expansion of the retail footprint across India, the Chief Executive Officer ensures that the brand maintains a competitive edge in the department store sector. This leadership role involves constant evaluation of market trends and consumer behavior to optimize the 4.35 million sq. ft. of operational space. Asghar Ghourzai drives efficiency across all business units, fostering a culture of innovation and high performance. Through rigorous analysis of retail performance metrics, the Chief Executive Officer secures sustainable growth and strengthens the market position of the organization within the diverse Indian retail landscape.

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

    Kavindra Mishra, the Customer Care Associate & Managing Director & Chief Executive Officer at Shoppers Stop, architects the daily operational framework and strategic execution for the entire retail chain. Mishra coordinates with the board to implement policies that enhance the customer experience across all physical and digital touchpoints. By focusing on the integration of retail services, the Customer Care Associate & Managing Director & Chief Executive Officer ensures that the brand remains synonymous with quality and convenience. Kavindra Mishra drives the transformation of the business model to adapt to evolving consumer demands in the Indian market. This executive role requires balancing immediate operational needs with long-term expansion goals. Through the leadership of Mishra, the company maintains a robust presence in the retail sector, consistently delivering value to stakeholders while upholding the high standards set by the parent group.

    Pankaj Chaturvedi - Chief Financial Officer

    Pankaj Chaturvedi, the Chief Financial Officer at Shoppers Stop, directs the financial planning, risk management, and capital allocation strategies for the organization. Chaturvedi manages the fiscal health of the company, ensuring that investments in retail infrastructure and inventory align with revenue targets. By overseeing the financial reporting and budgeting processes, the Chief Financial Officer provides the necessary data to support strategic decision-making across the executive team. Pankaj Chaturvedi drives initiatives to improve operational margins and optimize the cost structure of the business. This role involves maintaining transparency with investors and ensuring compliance with regulatory standards in the Indian market. Through the rigorous management of financial resources, the Chief Financial Officer supports the long-term stability and growth of the company, enabling the brand to expand its reach and enhance its competitive standing in the retail sector.
    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 all retail channels. Rajagopalan manages the alignment of sales teams with the broader commercial goals of the company to maximize profitability. By focusing on the conversion of customer traffic into sales, the Chief Revenue Officer, Cca ensures that the brand captures significant market share in the competitive Indian retail landscape. Arvind Rajagopalan drives the development of pricing strategies and promotional campaigns that resonate with the target demographic. This leadership role involves analyzing sales data to identify growth opportunities and mitigate potential revenue risks. Through the efforts of the Chief Revenue Officer, Cca, the company maintains a strong financial trajectory, consistently meeting revenue targets and supporting the overall expansion of the retail footprint across the country.

    Jiten Mahendra - Customer Care Associate & Chief Marketing Officer

    Jiten Mahendra, the Customer Care Associate & Chief Marketing Officer at Shoppers Stop, directs the brand positioning, advertising, and customer engagement strategies. Mahendra manages the creative direction and marketing communications to ensure that the brand remains relevant and appealing to the diverse Indian consumer base. By overseeing the integration of marketing campaigns with the overall retail strategy, the Customer Care Associate & Chief Marketing Officer ensures a consistent and compelling brand message. Jiten Mahendra drives the adoption of digital marketing tools to enhance customer loyalty and increase foot traffic in the retail stores. This leadership role involves collaborating with other executives to align marketing initiatives with sales objectives. Through the strategic vision of the Customer Care Associate & Chief Marketing Officer, the company strengthens its market presence and builds lasting relationships with customers across the country.
    Jiten Mahendra

    Venu Nair - Managing Director

    Venu Nair, the Managing Director at Shoppers Stop, oversees the high-level governance and strategic direction of the company. Nair manages the relationship between the retail operations and the real estate development interests of the K Raheja Corp. Group. By focusing on the optimization of the vast retail portfolio, the Managing Director ensures that every square foot of the 4.35 million sq. ft. footprint contributes to the overall profitability of the organization. Venu Nair drives the implementation of corporate policies that support sustainable growth and operational efficiency across the country. This leadership position involves constant collaboration with other C-suite members to refine the brand identity and market reach. Through the guidance of Nair, the company navigates the complexities of the Indian retail environment, ensuring that the business remains a leader in the department store industry.

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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 6 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.