Sumit Maloo has taken on the role of Chief Financial Officer at Neeman’s, bringing with him a wealth of experience in finance and strategic growth. Previously, Sumit held a significant role at Skechers South Asia Pvt. Ltd., where he managed key financial functions such as strategy, operations, planning, reporting, and treasury management. His tenure at Skechers was marked by several successful initiatives, including the establishment of a Financial Planning & Analysis (FP&A) function, the enhancement of financial reporting systems, and the implementation of ERP integration. At Neeman’s, Sumit will play a vital role in executing the company’s ambitious growth strategy, particularly focusing on expanding its retail footprint across India.
Before joining Neeman’s, Sumit gained valuable experience in senior finance positions at renowned organizations such as Staples, ICICI Bank, and Reliance Brands Limited. This diverse background has given him a broad perspective on financial management, particularly in the retail sector. Neeman’s, known for its commitment to sustainable and comfortable footwear, is set to leverage Sumit’s expertise as it accelerates its expansion plans, including the opening of numerous retail stores across India.
Under Sumit’s leadership, Neeman’s aims to strengthen its position as a leading eco-friendly footwear brand, with a strategic focus on offline retail growth. The company plans to open 100 stores in the coming years, enhancing its accessibility and brand presence. With his deep understanding of financial strategy and retail expansion, Sumit is poised to guide Neeman’s toward achieving its goals of sustainable growth and further establishing its reputation in the Indian market.
Sumit Maloo’s appointment comes at a crucial time for Neeman’s as it looks to broaden its reach and continue its growth trajectory. His strong financial leadership will be key in ensuring that the company’s growth is both sustainable and aligned with its commitment to eco-consciousness.