Mukesh Ambani’s close aide, who helped Isha Ambani in Reliance Brands success resigns, to work as…
GH News November 20, 2024 05:06 PM
Darshan Mehta the President and CEO of Reliance Brands Limited (RBL) will step down from his role after nearly two decades of leading the business. Mehta who has been with RBL since its inception in 2007 will now transition into a mentorship role within the Reliance Group. According to Times Of India’s report he will mentor next-generation leaders while also helping to identify and explore untapped business opportunities. Mehta will continue to serve as a non-executive director on the RBL board. Who Is Darshan Mehta? An industry veteran Mehta is credited with building and expanding RBL into India’s largest player in the premium-to-luxury fashion and lifestyle segment. Under his leadership RBL partnered with over 50 global brands including Ermenegildo Zegna Giorgio Armani Bottega Veneta Jimmy Choo Burberry and Salvatore Ferragamo. The company currently operates 420 mono-brand boutiques and 350 shop-in-shops across more than 60 Indian cities employing over 5000 people at its stores and 750 in corporate offices. Darshan Mehta Early Career Before joining Reliance Mehta worked at Arvind Brands where he launched renowned sportswear labels like Tommy Hilfiger Gant and Nautica in India during the early 2000s. A chartered accountant and cost & works accountant Mehta began his career with Price Waterhouse Mumbai and later held a senior leadership position at Trikaya Grey Advertising now part of WPP. Mehta’s vision and strategic leadership have left a lasting legacy in shaping India’s premium retail market. Currently Mehta divides his time between Mumbai Delhi and London continuing to guide RBL as it explores new frontiers in the luxury retail sector. Isha Ambani the head of Reliance Retail Ventures Limited oversees the broader retail operations. Darshan Mehta was also considered as her mentor and right hand man or close aide who guided her after she had joined the company.
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