NEW DELHI: V-Mart Retail has brought in former CEO of Future Group Vineet Jain as the company’s new chief operating officer.

Jain, an industry veteran who has seen the dawn of modern retail in India two decades ago, spent 17 years at Future group, where he spearheaded annual business over Rs 6000 crore. He led an 8000+ strong team of personnel and managed over 3 million square feet of retail area.

V-Mart Retail CMD Lalit Agarwal said, "We are delighted to welcome Vineet to the V-Mart family. Vineet brings both depth and breadth of leadership and operational experience in the value retailing format, and a customer-centric approach that would help accelerate V-Mart’s growth and market leadership journey".

A specialist in managing hypermarket / supermarket/ fashion businesses, Jain has also held leadership roles at reputed value retail formats including Big Bazaar, Food Bazaar and FBB. A polyglot who is a CA From ICAI, CWA from ICWAI, CS(Inter) from ICSI, the new V-Mart COO is an alumnus of IIM Ahmedabad and INSEAD, France in advanced management programs.