Wednesday, September 05, 2012

Jumbo Electronics appoints new Chief Executive

Press release: Jumbo Electronics Co Ltd. (LLC) has announced the appointment of Vishesh L. Bhatia as the company’s new Chief Executive. Bhatia moves into his new role after his retirement from a position in the senior leadership team at the Dubai-based Al Futtaim Group where he was lately responsible for a number of its business verticals including electronics, engineering and real estate businesses.

Having worked in Dubai since 1978, the new role marks his second spell with Jumbo Electronics, having been the company’s Chief Operating Officer from 2001 to 2002, working closely with the charismatic Founder of Jumbo, the late M R Chhabria.

A past President of The Electronics Group, Dubai, the trade body representing the wider interests of the industry, Vishesh Bhatia brings with him over three decades of experience in the electronics distribution and retail markets in the UAE and the wider region. More recently he was awarded the accolade of Indian CEO of the Year 2012 (Electronics).
Commenting on the new role, he said, ‘I am indeed honoured to have been invited to lead what is one of the most successful and well-respected electronics trading groups in the Middle East region. I am looking forward to working closely with the Shareholders and Supervisory Board in developing and executing a robust growth strategy for the Jumbo group, while bringing my wide-ranging business experience to drive operational excellence and to position the Jumbo enterprise as an Employer of Choice.’

Vidya Chhabria, Chairperson of Jumbo Electronics, commenting on the appointment said, ‘The expansion of our retail and distribution network is well underway. Consumer electronics in the region is expected to grow at a brisk pace and Jumbo is determined to not only defend its leadership position but to further build on the successes achieved so far. Vishesh Bhatia has an excellent and proven track record of orchestrating change and developing a strategic approach in various lines of businesses’.

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