Dalip Sehgal appointed by Blackstone as CEO of Nexus Malls

By

Isabelle Crossley

Published
Mar 9, 2018

Dalip Sehgal has been appointed as the new CEO of Nexus Malls by its parent company, the global investment firm, the Blackstone Group.

Dalip Sehgal will be joining Nexus Malls from his previous position Graviss Group where he worked as Managing Director. In his new role, Sehgal will be responsible for the business’ expansion projects as well as overall operations for Nexus.

“We are committed to grow our retail portfolio and bring in the best management talent to provide a high-quality experience for both our customers and retail partners,” said Blackstone’s Senior Managing Director, Tuhun Parikh in a statement. “Dalip is a seasoned professional with over 35 years of consumer-facing experience and I have full confidence in him to scale up our management and portfolio."

Sehgal, who graduated in Economics from the University of Delhi, worked for the Anglo-Dutch multinational company Unilever for 25 years and has also worked as the Managing Director for Godrej Consumer Products.

Nexus Malls is the retail portfolio arm of the Blackstone Group and is based in Mumbai. There are currently nine major Nexus Malls spread across India including in Mumbai, Pune, Amritsar, Ahmedabad, Chandigarh, Indore, and Bhubaneswar.