Mr. B. S. Nagesh, holds a degree of Masters in Management Studies from the Benares Hindu University. He has been with our Company since its inception in 1991. As Vice Chairman, Mr. B. S. Nagesh continues to play the role of strategic advisor to the management of Shopper Stop.Mr. B. S. Nagesh has contributed significantly in ushering international brands and modern retailing in the country. His leadership and vision enabled Shopper Stop to introduce various international brands like M.A.C and Mothercare in our retail business and to set up joint venture with The Nuance Group AG of Switzerland for airport retailing and with Leisure and Alliance Industries of Australia for family entertainment centers.
Mr. Nagesh has been recognised as an iconic retailer and was inducted into the World Retail Hall of Fame 2008 at the World Retail Congress 2008 conducted in Barcelona. With his induction in the World Retail Hall of Fame 2008, Mr. Nagesh is the only Indian retailer to take a significant place alongside more than 100 stalwarts of the global retail industry.
Recognised as the pioneer of the retail boom in India, Mr. Nagesh was voted by Business India as one of the top 50 managers in India who will influence the Indian business scenario in the 21st century. He has also been recognised as ‘The Retail Professional of The Year’ by CMAI for the years 2001, 2003, 2005 and 2006 and at the India Retail Summit in November 2005. CMAI Apex Awards in July 2008 felicitated Mr. Nagesh for being the First Indian Retailer to be inducted into the World Retail Hall of Fame. He was also felicitated with ‘The Best Professional of the Year’ award at ICICI Bank, Retail Awards in 2005. In November 2006, Mr. Nagesh was awarded the ‘Entrepreneurship Award’ in the Enterprise Scions Awards instituted by DNA Money and the ‘Visionary Award’ by ICFAI. Ernst & Young nominated him for the Entrepreneur of the Year Award 2005 as one of the top 30 finalists.