- Sameer has over two decades of business experience in various countries in general management, policy, finance and mergers and acquisitions.
- He holds a Master’s degree in Business Administration from the London Business School and is a member of India’s Institute of Chartered Accountants.
- This is the second time that Agarwal was promoted in the business after his tenure at Walmart India for less than two years.
Walmart India, Walmart Inc’s wholly-owned subsidiary, announced it has been promoting Sameer Aggarwal as Deputy Chief Executive Officer.
As of 1 January 2020, Sameer Aggarwal was appointed Deputy Chief Executive Officer of Walmart India. He will continue to report to Krish Iyer, Walmart India’s President & CEO, and oversee logistics, merchandising, staff, marketing, real estate, Kirana’s development program, internet, eCommerce and strategy,” Walmart’s spokesman said in a statement.
Iyer, who has been with Walmart for over seven years, helped expand his wholesale business in India first as Senior VP with Walmart International and then with Walmart India as President and CEO for about six years. “Sameer is expected to help grow the Indian Walmart market rapidly,” a senior executive said.
This is the second time that Agarwal was promoted in the business after his tenure at Walmart India for less than two years. He began working as his Chief Strategy and Administrative Officer with Walmart India in April 2018.
Who is Sameer Agarwal:
Sameer has over two decades of business experience in various countries in general management, policy, finance and mergers and acquisitions. He has served as the Chief Accounting, Growth and Supply Chain Officer for KFC Thailand in his new assignment. Sameer worked for Sainsbury’s in the UK after KFC. And in China served as Head of Strategy and then as Chief Executive Assistant to help with the CEO’s transition. Sameer worked for McKinsey & U.K. Business as well. And Australia as an affiliate partner has been leading initiatives for over seven years across different sectors and functions worldwide.
He holds a Master’s degree in Business Administration from the London Business School and is a member of India’s Institute of Chartered Accountants.
His promotion comes exactly one year after being appointed as Chief Business Officer in December 2018, according to his Linkedin profile.
Sameer looks Forward to Bridge the Recent Rift with the Government:
Walmart-owned Flipkart and rival Amazon were forced to redesign their business models, frustrated by changes made to foreign direct investment rules for e-commerce marketplaces at the end of last year.
In January, Walmart said privately to the U.S. government that the new rules of India were regressive and had the potential to hurt trade ties. Chief Executive Doug McMillon in his letter to Modi highlighted Walmart’s commitment to India Competing for consumers ahead of festive season sales, Indian trade groups have recently stepped up resistance to foreign-owned e-commerce markets.