Future Retail, India’s leading retailer that operates multiple retail formats in both value and lifestyle segment, announced it has appointed Jacob Mathew as Additional (Independent) Director of the company with effect from July 27, 2021 for a period of five years.
According to the company’s exchange filing, it said, “With reference to the above and pursuant to regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Part A of Schedule Ill to the Listing Regulations, please note that the Board of Directors of the Company (based on recommendations of Nomination and Remuneration Committee) vide circular resolution passed on 26th July, 2021 has appointed Mr. Jacob Mathew as Additional (Independent) Director of the Company with effect from 27th July, 2021 for a period of five (5) years subject to the approval of shareholders of the Company.”
Jacob Mathew is a product designer trained at India’s National Institute of Design. He co-founded Tesseract Design, now Idiom Design, Dovetail Furniture, Spring Health Water and is also a Design Principal at Srishti where he leads the Impact Edge Lab. His day job is CEO lndustree Foundation.
Jacob spent the first 25 years of his professional life transforming Business by Design, now well into his next 25, he is bent on transforming Society through business and design, the statement said.
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