Walmart India promotes Sameer Aggarwal as CEO

Walmart India has promoted Sameer Aggarwal to the position of chief executive officer of Best Price stores, effective April 1, the company said. He will report directly to Dirk Van den Berghe, executive vice president and regional CEO of Asia and Global Sourcing. Aggarwal is taking over the CEO position from Krish Iyer, who is retiring from full-time management and will assume the role of an advisor to Best Price, Walmart India after a successful eight years with the company.

Aggarwal joined Walmart India in April 2018 as executive vice president overseeing strategy and administration and was promoted to Deputy CEO in January 2020.

“I greatly appreciate the opportunity to lead our business in one of Walmart’s most important markets. I look forward to continuing to work with the outstanding team we have here to ensure Best Price, Walmart India remains a great place to work and a great partner to our members and suppliers. We have thrived under Krish’s leadership and I am grateful for all he has done to build the Best Price Walmart brand in India and strengthen relationships with our key stakeholders,” Aggarwal said.

Aggarwal has more than two decades of international business experience, including leadership roles at Yum! Brands in Southeast Asia, Sainsbury’s in the U.K. and China and McKinsey & Co. in Australia. He holds an MBA from the London Business School and is a fellow member of the Institute of Chartered Accountants of India.