Mumbai: Quest Retail has elevated Shriti Malhotra to Executive Chairman and appointed Rahul Shanker as Group CEO. This transition marks a crucial phase in the company’s growth journey, reinforcing its commitment to expansion, innovation, and a stronger omnichannel presence.
Rahul Shanker, an industry veteran with nearly 27 years of experience, will lead Quest Retail’s diverse portfolio, which includes The Body Shop, Kiehl’s, Avon, Kylie Cosmetics, Anastasia Beverly Hills, Max Factor, Boddess, The Honest Tree, and other premium beauty brands. His expertise across FMCG, personal care, and health & wellness sectors—shaped by leadership roles at PepsiCo, Wrigley-Mars, Philips, Avon, and Modicare—positions him well to drive the company’s next growth phase.
Shriti Malhotra, who successfully steered Quest Retail as Group CEO, now moves into the role of Executive Chairman, where she will focus on the company’s long-term strategic direction in collaboration with the Board of Directors. Under her leadership, Quest Retail transformed into a powerhouse in India’s beauty industry, expanding its brand portfolio and introducing innovative retail experiences.
Reflecting on the transition, Shriti Malhotra stated, “A company’s true strength lies in the passion of its people, and it has been my privilege to lead Quest Retail to where it stands today. Rahul’s depth of experience in consumer businesses and his transformational leadership make him the ideal person to drive the company’s next chapter. His appointment is crucial for enhancing our omnichannel capabilities and continuing to solidify our position in the market.”
Taking the helm as Group CEO, Rahul Shanker shared his vision, “I am thrilled to join Quest Retail at such an exciting time. The company has established a robust portfolio and a powerful omnichannel ecosystem that positions it uniquely for growth. My focus will be on scaling our operations, innovating the customer journey, and identifying new opportunities to further accelerate our success. I look forward to collaborating with our exceptional team and stakeholders to take Quest Retail to new heights.”
