
Anshul Asawa To Replace Ignatius Navil Noronha As CEO & MD Of Avenue Supermarts
Anshul Asawa, presently the Chief Executive Officer (CEO) Designate, has been appointed as CEO and Key Managerial Personnel (KMP) of Avenue Supermarts Limited, effective February 1, 2026, and as Managing Director (MD), effective April 1, 2026, subject to approval of shareholders.
Meanwhile, Ignatius Navil Noronha will retire as CEO & MD effective January 31, 2026.
Asawa joined DMart in March 2025, after a 30-year career at Unilever. He held leadership roles across India, Asia, and Europe, including Country Head of Unilever Thailand and General Manager of the Home Care business in Greater Asia. In India, he served in sales, marketing, and distribution leadership positions for over 19 years. He led digitisation initiatives, product innovations, and sales and distribution transformations in urban and rural markets. His expertise spans consumer strategy, commercial management, and execution of growth and operational initiatives. Asawa is an alumnus of IIT Roorkee and IIM Lucknow.
Previously, Noronha has held positions like Director of Operations at Avenue Supermarts and Key Account Manager at Hindustan Unilever. Earlier, he also held the position of Sales & Modern Trade Officer at Hindustan Unilever. He holds a master’s degree in marketing management from Narsee Monjee Institute of Management Studies (NMIMS).




