Raymond Strengthens its Board Through By Appointing New Director

India’s leading fabric and apparel manufacturer and retailer, Raymond has strengthened its board by inducting S L Pokharna, President, Group Commercial and Supply Chain, as non-executive director.

Pokharna, who has been credited for the turnaround of the company’s apparel business despite the pandemic, has over four decades of experience in finance, sales, marketing and commercial functions. He has been with Raymond Group since 1981 and prior to his current role has held various leadership roles across the Group.

The Board of Directors of the Company, based on the recommendations of the Nomination and Remuneration Committee has appointed Pokharna as an Additional Director designated as Non-Executive Director with effect from July 23, 2021.

Raymond is expected to immensely benefit from Pokharna’s deep knowledge of apparel and retail industry and rich experience in business and corporate governance.

Expressing his views on the appointment, S L Pokharna said, “I am very pleased to join the Board of Raymond. I look forward to leveraging my experience and playing a part in the continuing development of the company, including its plan to scale up its operations and navigate the company through challenging times”.