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Home News Update Ex-Skechers Executive Sumit Maloo Joins Neeman's as CFO

Ex-Skechers Executive Sumit Maloo Joins Neeman's as CFO

Sumit will spearhead Neeman's ambitious ambition to open 100 outlets throughout India over the next two years. Sumit has a renowned experience in finance and a track record of fostering strategic growth.

By Ajay Kumar
New Update
Ex-Skechers Executive Sumit Maloo Joins Neeman's as CFO

Sustainable footwear brand Neeman's has appointed Sumit Maloo as its Chief Financial Officer. 

Sumit will spearhead Neeman's ambitious ambition to open 100 outlets throughout India over the next two years. Sumit has renowned experience in finance and track record of fostering strategic growth.

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Sumit oversaw Financial Strategy, Operations, Controls, Planning & Analysis, Reporting, and Treasury in his prior position at Skechers South Asia. In order to facilitate long-term, profitable growth, Sumit also led projects including creating the FP&A division, improving financial reporting, integrating ERP, strengthening internal controls, and offering real-time insights. In addition to Skechers, Sumit has held important finance positions in well-known companies like Reliance Brands, ICICI Bank, and Staples.

Amar Preet Singh, COO and Co-founder of Neeman’s, welcomed Sumit to the team, stating, “Sumit Maloo’s exceptional financial acumen and his experience in profitably scaling operations align seamlessly with Neeman’s growth objectives. We’re excited to welcome him on board to support Neeman's ambitious plans for expansion, ensuring that we continue to grow in a way that reflects our commitment to sustainable, high-quality footwear.”

Focused on natural, sustainable materials and unmatched comfort, Neeman's has quickly become India's first eco-friendly footwear brand. Due to its strong direct-to-consumer presence, Neeman's is currently expanding through a solid retail network. 

Commenting on his appointment, Sumit Maloo Said, “I am honored to join Neeman’s as CFO at this pivotal stage in the company’s journey. This opportunity marks an exciting new chapter in my career and I am eager to contribute to a team dedicated to creating comfortable, stylish and sustainable footwear. I look forward to collaborating with talented colleagues and engaging with the vibrant community at Neeman’s. Together, we aim to build a strong retail presence across India, balancing profitability with our shared dedication to sustainable growth.” 

Neeman's, which has 14 offline exclusive locations, plans to add 100 outlets in key Indian cities over the next two years. Neeman's retail growth is part of its objective to increase accessibility and give customers an immersive experience, reinforcing its position as a top footwear brand.

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About Neeman’s 

Neeman’s is India’s largest and first sustainable footwear brand, dedicated to providing comfortable, everyday fashion that combines style, comfort, and responsibility. 

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