Sharmila Murat

Chalhoub Group | Vice President - Tryano and Saks Fifth Avenue

Sharmila Murat currently leads the Tryano and Saks Fifth Avenue department stores, The Deal chain of luxury outlet stores and within the Chalhoub Group, the leading partner for luxury across the Middle East. She started her career in New York in management consulting with Ernst & Young and then private equity with Wind Point Partners before moving into the retail industry with the Warnaco Group. In 2010, Sharmila joined the Chalhoub Group heading the finance function for the retail division across the Middle East before becoming General Manager, UAE Retail, in 2014 and then Country Manager, UAE, in 2017. She also assumed responsibility for and restructured the Saks Fifth Avenue Middle East business in 2016, and then Tryano in 2017. Management of the Group’s regional off-price business, The Deal, was added to Sharmila’s scope in 2020.

Sharmila serves on the Chalhoub Group’s NEXT (the Group’s junior board), Strategic Committee, and Investment Committee. Sharmila founded and now sits on the advisory board of Ibtikar (the Group’s in-house innovation lab). She also serves as the Vice President and a member of the board of the French Chamber of Commerce of Abu Dhabi and volunteers her time as a mentor with Endeavor. Sharmila was a selection panelist for three ISPs (Kuala Lumpur 2017, Dubai 2018, Madrid 2019) and is on the advisory board of Fashion Valet (Malaysia) and Nice One (KSA).

Born and raised in Chicago, Sharmila Murat holds a BS in Electrical Engineering from the University of Illinois and an MBA in Finance from the Wharton School.

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