fairprice: Indian-origin biz leader Vipul Chawla appointed as group CEO of Singapore’s FairPrice Group

Indian-origin enterprise chief Vipul Chawla has been named as group CEO of Singapore’s FairPrice Group, a union-linked grocery store meals chain operator throughout the nation with annual income of almost USD 3 billion.

Chawla, 54, will take over from group CEO Seah Kian Peng on April 5 this 12 months, The Straits Occasions newspaper reported on Thursday, citing an announcement from FairPrice Group and and its dad or mum group Nationwide Trades Union Congress (NTUC) Enterprise.

Chawla will proceed the efforts of Seah to speed up the expansion of FairPrice’s bodily shops and on-line retail, supported by a strong provide chain technique, the corporate mentioned in an announcement.

He has held management roles in Fortune 500 corporations within the shopper items (Unilever) and meals providers industries.

As president of Pizza Hut Worldwide since 2018, the US-based Chawla oversaw markets in additional than 100 international locations with a mixed income of USD 7.5 billion, and was in a position to navigate the corporate by way of the Covid-19 pandemic.

Chawla has been concerned with the labour motion prior to now as a part of NTUC’s “U Circle of Buddies” to advertise the expertise pool right here. He has additionally labored with native meals banks to help these in want, mentioned the assertion.

He holds a postgraduate diploma in administration research from S P Jain Institute of Administration and Analysis at Bombay College.

Seah, who at present fulfils the twin position of chief government at NTUC Enterprise and FairPrice Group, will now give attention to driving progress throughout NTUC Enterprise’s social enterprise clusters, the assertion mentioned.

NTUC Enterprise is the holding entity and single largest shareholder of the labour motion’s social enterprises, together with NTUC FairPrice, NTUC First Campus, NTUC Foodfare, Kopitiam, NTUC Well being, NTUC Earnings and NTUC LearningHub.