PDS Multinational Fashions Limited announced that at the Board of Directors meeting held on January 11, 2021 approved the appointment of Mr. Sanjay Jain, as Chief Executive Officer and Key Managerial Personnel (KMP) of the Company with effect from January 15, 2021. Mr. Sanjay Jain has over 26 years of experience in leading transformation across various companies and helping them unlock their intrinsic value. He has raised over USD 4 billion from some of World's marquee strategic, private equity and financial investors. Sanjay was previously the CEO of Future Retail Limited and the Group CFO of Future Group. Board of Directors also approved resignation of Mr. Omprakash Makam Suryanarayana as Chief Executive Officer of the Company on January 14, 2021.