Bharti Retail has appointed former head of Walmart India Raj Jain as its CEO, according to media reports. In his new role, Jain will report to Rajan Bharti Mittal, Vice Chairman and Managing Director, Bharti Enterprises, the company said.
The report said that the company has also appointed Pankaj Madan, another senior executive from Bharti Walmart, as the Chief Financial Officer.
Jain joined Walmart in 2006 as the president for emerging markets and was relocated to India the very next year to head the company’s cash-and-carry JV with Bharti. Bharti Retail currently runs over 200 Easyday stores across India.