March 27 2013  |  People

Raj Shah joins Flemingo as Executive Director – Finance with focus on the Americas

By Ryan White

“I believe Flemingo, with its focus on the high-growth emerging economies, strong business model, visionary leadership and excellent execution capabilities, is uniquely positioned to drive substantial growth and value over the next few years and provide a strong value proposition." Raj Shah, Executive Director - Finance, Flemingo

Raj Shah has joined the Flemingo team as Executive Director - Finance to focus on the company’s aggressive growth plans in emerging markets, investor/funding relationships, financial reporting and preparation for listing. He has lived and worked in the USA for over 30 years, with several years of experience as CFO of large- and medium-sized global companies listed on the US stock exchange. As such, Flemingo notes that he has significant experience with the rules, regulations and compliance requirements of the US market. His principal role at Flemingo will be to work closely with the Board and the senior management team to achieve the vision of reaching US$2 billion in sales by 2020. As part of this objective, Shah will lead the preparation for public listing in the US. 

“I believe Flemingo, with its focus on the high-growth emerging economies, strong business model, visionary leadership and excellent execution capabilities, is uniquely positioned to drive substantial growth and value over the next few years and provide a strong value proposition,” says Shah. “It is an exciting story and I am delighted to be part of such a dynamic company and management team.” 

Atul Ahuja, CEO of Flemingo, welcomed Shah to the team at the companies Next Frontier meeting in Dubai: “Raj brings a wealth of experience, knowledge and a track record that our company needs to accomplish its goals over the coming years,” he said.

Brand News

August 22 2019

Distell furthers commitment to…

Drinks company Distell has stepped up its commitment to the travel retail sector with the appointment of Rachel Hawes as…

By Jas Ryat

August 20 2019

Cabeau to promote retail optimization…

Cabeau, the leading consumer product travel brand in over 120 countries, is promoting retail optimization at the TFWA World…

By Jas Ryat

August 20 2019

Porsche Design eyes special edition…

Porsche Design is to release a new travel retail exclusive pair of sunglasses, based on its popular P'8531 range, in China…

By Mary Jane Pittilla

August 20 2019

FRAAS to introduce new point of…

FRAAS - The Scarf Company will return to the TFWA World Exhibition (Red Village K29) having posted a 30% jump in turnover…

By Mary Jane Pittilla

August 19 2019

ALFA Brands, Inc. and InnoTRI unite…

Franco Gabriele, President, ALFA Brands, Inc. and Christoph Henkel, Co-Founder & Manager, InnoTRI…

By Jas Ryat

August 19 2019

Lagavulin 10yo Scotch touches down…

Lagavulin 10 Year Old is a new single malt, available exclusively at selected Dufry travel retail stores

By Mary Jane Pittilla

August 19 2019

Final edition of The John Walker…

Johnnie Walker has announced that the latest release of The John Walker Scotch whisky will be the last

By Mary Jane Pittilla

August 19 2019

Dubai Duty Free chief praises exclusive…

Rémy Cointreau Global Travel Retail has unveiled the latest addition to its St-Rémy Cask Finish Collection - Islay Scotch…

By Jas Ryat

August 19 2019

Brown-Forman and Monarq strike…

Brown-Forman and Monarq Group have entered into a regional distribution partnership

By Hibah Noor

Copyright 2019 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap