Mrs. Suchada Ithijarukul
Group CEO, Siam Makro Public Company Limited
Mrs. Suchada Ithijarukul is the CEO of Siam Makro Public Company Limited. Under her stewardship, Makro has significantly expanded its geographical footprint and shown exponential growth in turnover. With over three decades of experience in the wholesale cash and carry industry, her guidance and advice have guided LOTS Wholesale Solutions’ successful growth in India. In addition to her other professional achievements, Mrs. Ithijarukul has received the Thailand Role Model of Professional Women Award from The Federation of Business and Professional Women’s Association of Thailand and the Best CEO Award in Service Category from Investment Analysts Association in 2014. Mrs. Ithijarukul holds a bachelor’s degree in Accountancy from Chulalongkorn University, Thailand, and a certificate in Director Accreditation Program from Thai Institute of Directors.
Mr. Tanit Chearavanont
Managing Director and Member of the Board
Mr. Tanit Chearavanont was appointed the Managing Director of LOTS Wholesale Solutions in November 2017. He also serves as a member on the board of LOTS Wholesale Solutions, in addition to being an Associate Director at Siam Makro Public Company Limited. Mr. Chearavanont successfully lead the clearance process from the legal board, as well as the CP Group approval for market entry into India, starting with Delhi NCR; in addition to receiving clearance for Indian company registration. Mr. Chearavanont’s profile in LOTS Wholesale Solutions encompasses responsibility for leading the overall business operations in India. Mr. Chearavanont’s brings with him a strong background and multifaceted experience across M&A, corporate finance and consumer & retail industry. In a previous role, Mr. Chearavanont’s worked as the Director Operations of CP Wholesale India. He also worked with UBS AG in Hong Kong as an investment banker across different industries. This experience in banking industry was an added advantage to the organisation as it set up operations in India. He holds a Bachelor of Arts Degree in History from Harvard University, in Massachusetts, U.S.
Mr. Nishant Rayirath
Mr. Nishant Rayirath is the Director, Commercial for LOTS Wholesale Solutions and is a part of the core team that was responsible for setting up LOTS Wholesale Solutions in India. He is responsible for the merchandising strategy and the development of the vendor ecosystem in India.Prior to joining LOTS Wholesale Solutions, Mr. Rayirath worked with Metro Cash & Carry for over a decade and has over 15 years of experience in wholesale cash & carry operations. He has experience of various roles across FMCG, Fashion, Home, Electronics, Private label development, Analytics, Imports and more. In addition to the above, Nishant has also had a valuable stint in contract advertising, having worked with strong brands like Himalaya and Madura Garments. His experience across industries and different sector benefits LOTS Wholesale Solutions’ merchandising strategy in India.
Mr. Rayirath holds a Postgraduate Certificate in Business Management from XIM, Bhubhaneswar, and is a Gold Medallist in Mathematics from Lala Lajpat Rai College. He has a proven track record of building teams with diverse backgrounds and is able to bring out the best in them.