Reliance Brands' MD Darshan Mehta to step down
It has been revealed that Mehta will transition to a mentorship role within the Reliance Group where he will groom next generation leaders and explore untapped business opportunities, further added the report. And, Mehta will continue serving as a non-executive director on the board of Reliance Brands.
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Darshan Mehta, who led Reliance Brands as managing director, will be stepping down from his position after nearly two decades of being steering the wheel, stated a media report.
It has been revealed that Mehta will transition to a mentorship role within the Reliance Group where he will groom next generation leaders and explore untapped business opportunities, further added the report. And, Mehta will continue serving as a non-executive director on the board of Reliance Brands.
The report indicates that a successor has not yet been chosen for the position of MD who could succeed Mehta. A leadership team which comprises of senior executives will handle the operational responsibilities of the company.
Reliance Brands, whose foundation was cemented in 2007, Mehta has been with the company since then. Under the mentorship and leadership of Mehta, Reliance Brands entered into partnership with several global brands, brought several of them to India, and on the side also invested in homegrown designer brands.
Prior to joining Reliance Brands, Mehta has been a part of Arvind Brands.
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