DP Eurasia N.V Intended Appointment of INED (1422Y)
May 02 2023 - 7:57AM
UK Regulatory
TIDMDPEU
RNS Number : 1422Y
DP Eurasia N.V
02 May 2023
For Immediate Release 2 May 2023
DP Eurasia N.V.
("DP Eurasia" or the "Company")
Intended Appointment of Independent Non-Executive Director
DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza
brand in Turkey, Russia, Azerbaijan and Georgia, is pleased to
announce the intended appointment of Mr Bijou Kurien to the Board
as Independent Non-Executive Director. He will be nominated for
appointment at the AGM in June 2023 following which, and subject to
approval at the AGM, he will join the Audit Committee.
Bijou has had an extensive career that has spanned four decades
and seen him operate and lead multiple consumer and retail sector
businesses. He began in 1981 as a Management Trainee in Sales and
Marketing at Hindustan Unilever and handled a variety of roles,
following which he joined the start-up team at Titan Company in
1987. He helped to build Titan into a jewellery, watch and
lifestyle accessories major in India and select international
markets. In 2006 he joined Reliance Retail where, as President
& Chief Executive, he was central to the creation of the
juggernaut that became and remains India's largest retail
business.
Since 2014, he has been a member of the Strategic Investment
Advisory Board of L Capital Asia and Premji Invest. In addition, he
is an Independent Director on the Boards of LTIMindtree Limited
(listed at the National Stock Exchange of India (NSE)), Brigade
Enterprises Ltd. (listed at the NSE) and Timex Group Limited
(listed at the Bombay Stock Exchange) and is Chairman of the
Retailers Association of India. Bijou has been an Independent
Director of Future Lifestyle Fashion Limited (listed at the NSE)
from 2016 until 2021. Bijou holds a Bachelor's degree in physics,
chemistry and maths from St. Joseph's College in Bangalore, India
and a post-graduate diploma in business management from Xavier
Institute of Management in Jamshedpur, India.
Peter Williams, Chairman of DP Eurasia, commented:
"We are delighted to have attracted an individual of Bijou's
talent and quality to the business. He is a seasoned director with
over 40 years of experience in the consumer goods and retail
industries and brings with him a wealth of expertise in retail,
brand building and business development. The Board looks forward to
welcoming him at the AGM and to working with him as the business
seeks to capitalise on the opportunity to drive sustainable and
profitable growth."
DP Eurasia confirms that no disclosures are required pursuant to
Listing Rule 9.6.13.
For additional details or further information, please contact
Buchanan on +44 20 7466 5000 / dp@buchanan.uk.com .
Enquiries
DP Eurasia N.V.
İ lknur Kocaer, Investor Relations
Director +90 212 280 9636
Buchanan (Financial Communications)
Richard Oldworth / Toto Berger / Verity +44 20 7466 5000
Parker dp@buchanan.uk.com
Notes to Editors
DP Eurasia N.V. is the exclusive master franchisee of the
Domino's Pizza brand in Turkey, Russia, Azerbaijan, and Georgia.
The Company was admitted to the premium listing segment of the
Official List of the Financial Conduct Authority and to trading on
the main market for listed securities of the London Stock Exchange
plc on 3 July 2017. The Company (together with its subsidiaries,
the "Group") is the largest pizza delivery company in Turkey and
the third largest in Russia. The Group offers pizza delivery and
takeaway/ eat-in facilities at its 830 stores (655 in Turkey, 159
in Russia, 10 in Azerbaijan and 6 in Georgia as of 31 December
2022) and operates through its owned corporate stores (18%) and
franchised stores (82%). In addition to its pizza delivery
business, the Group also has its own coffee brand, COFFY, which
trades from 29 stores at period-end, 19 of which are franchised.
The Group maintains a strategic balance between corporate and
franchised stores, establishing networks of corporate stores in its
most densely populated areas to provide a development platform upon
which to promote best practice and maximise profitability. The
Group has adapted the Domino's Pizza globally proven business model
to its local markets.
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