Raheja Corp appoints new CEO for Hypercity Retail

11th August 2010, Mumbai

Mark Ashman has been appointed by K Raheja Corp as CEO of Hypercity Retail (India), a leading hypermarket company of India. Ashman was previously CEO of Marks & Spencer Reliance India and was instrumental in the rollout of Marks & Spencer’s retail strategy in India. He will replace Andrew Levermore. B.S Nagesh, Vice Chairman of Hypercity Retail (I) Ltd. said, “I am delighted to welcome Mark Ashman to our leadership team. His vast retail experience and understanding of Indian consumer will enable Hypercity to remain a leading hypermarket company in India. Mark is joining us at an exciting time as we are expanding into different parts of the country to keep pace with the needs of today’s consumer”.