Walmart India rejigs senior executives

After announcing aggressive expansion plans in the country, American retail giant Walmart’s India arm is reshuffling top executives to strengthen its position. The company elevated Ashwin Mittal as the Chief Financial Officer while Javier Rojo has been appointed as the Head of real estate expansion and business development.

Mittal will take over the position to be vacated by Jill Anderson, who is moving back to the US. Rojo, in his new role will also look after design, construction, real estate and stores. Mittal had joined the company in 2007 as Head of financial planning and analysis and has managed different key positions within the company including Head - business finance and strategy and Chief Business Development Officer. Rojo was recently, Senior Real Estate Director for the New England, US division of Walmart. He also has several years of experience of working with McDonalds and Walmart in America.

Walmart India is pursuing its India plans aggressively after parting ways with its joint venture partner Bharti. The company aims to open 50 stores in the country over the next 5 years.

The US retail major operates 20 stores as of now and the 21st store is all set to be launched in September, this year. Plan is to open brick-and-mortar stores while establishing online presence. Apart from Andhra and Telangana, where it would open cash-n-carry stores, the company is eyeing to expand footprint in Delhi, Uttar Pradesh, Punjab, Haryana and Rajasthan.