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Sadashiv Nayak, president, Food Bazaar & Big Bazaar
Sadashiv Nayak is one of the most sought after name in food retailng in the country today. Mr Nayak has brought in an innovative approach to food & grocery retailing and is recognized for his role in the rapid expansion of Food Bazaar.
In the Coca Cola Golden Spoon Awards, 2009, Sadashiv Nayak, President, Food Bazaar and Big Bazaar has won the most admired F&G retailer of the Year: Large Format. Other nominees in the category included names such as Spencer’s, Spar, Star Bazaar and Hypercity.
Sadashiv Nayak is undoubtedly one of the top most thought leaders in the Future group, who is regarded highly for his attention to details in the food retail business and his domain expertise for retail in general and food retailing in particular.
A shining name in the world of the Indian retailing, Sadashiv Nayak had joined Pantaloon Retail (India) Ltd in 2004 as Head (Operations), West Zone. In this capacity, his responsibility entailed driving top line through value and lifestyle formats. He took over as CEO for Food Bazaar in 2007 and as President Big Bazaar in 2009.
In terms of his education, Mr Sadashiv Nayak is an MBA from XLRI. He started his career in 1993 with Asian Paints and was involved in setting up new distribution channels for exterior paints and product management team, Apcolite. The assignments with HLL from 1998 included setting up adhesives business, growing hair oils category and selling of beverages for East zone.
Mr Nayak is a graduate in Electronics Engineering from Regional Engineering College of Karnataka and a Post Graduate in Business Management from XLRI - Jameshedpur. He has done his specialisation in Marketing.
Since, he took over the Food Bazaar business in 2007, Mr Nayak counts as his key challenge the need to drive consumption across categories, managing rapid expansion & building back end & process pillars for sustainable large scale growth in the next five years.
According to Mr Nayak, in a market like India, in the realm of food retailing retailers and brand vendors could craft a unique path of collaboration with only one overriding purpose of building consumption.