Nandita VirekarChief Marketing Officer

Nandita Virekar · Chief Marketing Officer · India

Bring the household's interpretation into the board's questions

My contribution to a board

I would help a board examine the relationship between a consumer proposition and the assumptions that support it. My experience concerns the meaning a shopper takes from a presentation, the commercial basis of a promotional claim and the operating work behind an occasion-led invitation. Those subjects become board questions when they affect a material investment or the company's public commitments. I could ask how management knows what the customer understands, what has challenged the proposed account and what changed as a result.

That contribution would need to sit within a wider responsibility. My experience of presenting to Velmira's board since July 2020 has been executive experience; I have not held a director seat. A first appointment would require me to learn the prospective company's economics and rely on colleagues with other expertise. I would not use familiarity with a campaign as a reason to direct its artwork or media placement from the boardroom. The useful contribution would be to test the quality of the reasoning behind the recommendation, including the evidence it does not yet possess and the cost of changing course.

Judgement in practice

01

When the commercial account should change the campaign

The festive-offer review revised twenty-two executions, withdrew eight and retained six. It also kept ₹34 lakh of unrecoverable cost visible inside a ₹2.6 Cr programme. As an executive, I made the creative and media decision with commercial and specialist colleagues involved. At board level, I would use that experience to ask a different set of questions: whether management has a reliable way to preserve the basis of material public claims, whether the right people can challenge an execution before commitments become difficult to unwind, and how correction costs are reported. I would not expect directors to rewrite the saving headline. The judgement concerns the organisation's ability to change a commercially attractive proposal when the supporting account requires it, without disguising the loss or assuming a marketing review constitutes every form of assurance the company may need.

02

When a promising pilot should lead to a smaller commitment

The giftlist exercise produced forty-four completed lists from sixty-two starts, with thirty lists used for at least one purchase by the cutoff. It also exposed work that store colleagues needed to support. I recommended a limited next step rather than immediate national introduction. In a board discussion, I could examine whether a proposal preserves the difference between participation, transactions and an operating model ready for wider use. I would ask which findings changed the scale of management's recommendation and what the next investment is intended to resolve. The same case reminds me to leave room for development after the reporting date without treating future possibilities as present evidence. A director can question the reasoning from pilot to expansion while leaving the detailed store process and execution with management.

03

When a complete-looking launch would conceal incomplete review

The care-information programme has sixteen approved collection guides, five awaiting fabric review and three removed from its initial scope. Its nine-month period began in April 2026 and remains unfinished. My executive decision was to release the supported subset rather than turn differences between collections into a universal message. For oversight, the relevant question is how a company makes unresolved dependencies visible in a public commitment. I could ask who owns the underlying product account, what has actually been approved and whether the proposed timetable is being used to imply certainty that has not been established. I would not present myself as a fabric specialist or prescribe care instructions. The contribution is a disciplined interest in the support behind the promise, including the part that management has rightly chosen not to publish yet.

My first year on a board

I would begin by learning the company's commercial model, its principal customer relationships and the decisions already occupying the board. Reading earlier papers would help me distinguish a new question from one that has a longer history. I would want induction to include areas beyond marketing: the financial account, operations, risk reporting and the way responsibilities are divided between directors and executives. With the chair's agreement, I would seek a practical understanding of how a significant customer proposition is developed and challenged. The purpose would be to understand the process and its evidence, not to create a separate route for instructing staff. I would review my own questions with the chair as the year developed, particularly whether they help collective oversight or drift into the familiar comfort of executive problem-solving. Useful contribution should become broader with learning, while remaining honest about where another director's expertise is needed.

Conflicts and their management

Velmira's direct competitors and materially connected counterparties would need careful examination before any conversation advanced. I would disclose relevant agency, supplier, investor and professional relationships, including ones that might not be apparent from the proposed company's headline sector. Information acquired through my employment must remain protected. I would also examine the practical conflict between an advertised time commitment and the demands of my current role. A nominal twenty-two-day allocation would not make an appointment workable if its preparation, travel or exceptional demands could not be accommodated. I would rather identify that mismatch before acceptance than rely on an attractive general statement of availability.

My independence statement

My current employment and the commercial relationships around it would need to be examined for the particular appointment. I would provide a full account of relevant interests rather than infer independence from having no existing director seats. Relationships with competitors, suppliers, agencies, investors and other connected parties could affect the discussion even where the business category appears different. The proposed company should apply its applicable requirements and obtain the appropriate advice. I would expect to understand how ongoing interests are disclosed and handled after appointment, as circumstances can change. This profile describes a prospective contribution; it is not a declaration that I qualify for every seat described as independent.

Board and committee exposure

Presented to the Board or a committee

Velmira Home

Board discussions of consumer propositions and marketing investment

July 2020–present

Presented marketing recommendations as CMO, including their commercial assumptions and limits; no director appointment.

Governance learning and readiness

IICA Independent Directors’ Databank: Not yet registered

I have not registered in the IICA independent-director databank. If a prospective appointment requires registration, learning, assessment or another step, I would establish the applicable position with the company and appropriate advisers before proceeding. A marketing title, internal board presentation or record of executive judgement should not be represented as completing those requirements. My current profile deliberately leaves the status visible so that a search discussion begins from the actual position rather than an assumed credential.

  • Current development focuses on the distinction between an executive recommendation and a director's collective responsibility.
  • I would seek appointment-specific induction in the company's economics, reporting, risks and governance arrangements.
  • No existing learning activity is presented as a licence to chair a specialist committee.