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Raymond Lifestyle eyes revival with top-level rejig
Financial Express Delhi
|January 21, 2026
THE ₹11,000-CRORE RAYMOND
Group is banking on a new leadership team to drive its lifestyle business, which contributes about 60% of the group’s topline, at a time when stress in the retail sector is intensifying. Raymond Lifestyle was demerged from Raymond and listed on the bourses in September 2024.Satyaki Ghosh and Prasad E Chathuar have been appointed chief executive officer and chief financial officer, respectively, with effect from this month. They take over following the exits of the previous incumbents, Sunil Kataria (CEO) and Sameer Shah (CFO), in April and May last year. Ghosh is the fourth CEO of the lifestyle business in five years. Shah moved on after serving his notice period until the end of July, while Chathuar’s appointment will be formally placed before the board at its ensuing meeting.
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