Jabong brings Benetton's Sanjeev Mohanty on board as new CEO

BANGALORE, INDIA: Online fashion marketplace, Jabong has appointed Sanjeev Mohanty as Chief Executive Officer (CEO) and Managing Director, effective early December 2015.

Mohanty has over 20 years of leadership experience in the fashion industry, primarily at Benetton India where he worked for over 11 years including 8 years as Managing Director. Prior to his role at Benetton India, Mohanty also worked at Madura Garments.

Romain Voog, CEO of Global Fashion Group (GFG), the parent company of Jabong, said, “His strong leadership skills and deep understanding of fashion and the Indian consumer, coupled with the continued commitment from GFG’s shareholders, will allow Jabong to further strengthen its position as the leading online fashion destination in India.”

“We have identified a number of growth drivers that will allow us to deliver an unparalleled experience to delight our customers and suppliers,” said Mohanty.

GFG operates across four continents and 28 countries, employing over 9,500 people. With a focus on emerging markets, GFG targets a EUR 300 billion fashion market and over 2.5 billion people who rapidly continue to move online and purchase via e-commerce. GFG has raised approximately US$1.5 billion in capital since 2011 and is backed by a number of large and long-term oriented shareholders.