New Delhi: Dubai-primarily based retail team Way of life Intercontinental said on Thursday that it is elevating Kabir Lumba to the chairman of its board of directors.

Lumba will be getting about from Ramanathan Hariharan, who will be retiring from his posture in March 2021. Lumba will be assuming his new job on 1st of April 2021.

“Mr. Lumba will also transitioning to grow to be the CEO of Landmark Retail Middle East,” the Middle East retail-to-hospitality conglomerate Landmark Group said in a assertion on Thursday.

Hariharan, who retires in June, has been a Way of life veteran for 27 a long time.

“Mr. Ramanathan has been instrumental in setting up industry leading brand names throughout a number of geographies from the Middle East to India and South East Asia,” the press assertion said.

Lumba had led the Way of life Property Centre enterprises in India for about fourteen a long time prior to getting about the job of CEO, Max Middle East in 2018 and subsequently the CEO of Landmark Group.

Launched in 1973 in Bahrain, the Landmark Group is one particular of the most significant retail teams in the Middle East. Landmark presently operates about 2,two hundred shops spanning about 30 million square ft throughout the Middle East, North Africa and the Indian sub-continent.

Landmark entered India in 1999 and presently operates formats which include Way of life section shops chain, Property Centre and Max in the state.