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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Currys has announced the appointment of Octavia Morley as a non-executive director and a member of the company’s Remuneration, ESG and Nominations Committees with effect from 1 April 2024.

The group has also announced that Tony DeNunzio, senior independent director, will step down as a director on 25 April 2024 after more than eight years on the board.

Morley will succeed Tony as the senior independent director and chair of the Remuneration Committee on 25 April 2024.

She is an experienced executive and non-executive board director and has held various senior operational and strategic roles across all areas of retail at companies including Asda Stores Limited, Laura Ashley Holdings plc and Woolworths plc.

She was also chief executive officer, and then chair, at LighterLife UK Limited and was also previously managing director of Crew Clothing Co Limited and chief executive at OKA Direct Limited.

Additionally, Morley is currently chair of Banner Group Limited, a privately owned company. She is also senior independent director and Remuneration Committee chair of Crest Nicholson Holdings plc and of Marston’s PLC and a non-executive director at Ascensos Limited. She formerly also held non-executive director roles at Card Factory plc and John Menzies PLC.

Ian Dyson, chair of the board, said: “I am absolutely delighted to welcome Octavia Morley to the Board. Octavia has a strong retail background with significant board experience including in senior independent director and Remuneration Committee chair roles. I look forward to working with her.

“I would like to thank Tony DeNunzio for his service on the board over the last eight years. Tony’s deep expertise in the European retail and consumer goods sectors has been invaluable to the Board during a period of significant change. He has performed the roles of senior independent director and chair of the Remuneration Committee with great professionalism and diligence.”

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