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Credit: Twitter/@ProcterGamble
New Delhi: Leading FMCG maker P&G India on Monday announced the appointment of Kumar Venkatasubramanian as CEO, with effect from May 1, 2024.
The current CEO, L V Vaidyanathan will leave the company to pursue personal interests after 28 years of service, a statement from P&G India said.
Kumar is currently leading the P&G business in Australia and New Zealand as CEO.
Before the Australia role, Kumar was leading sales team in P&G India until 2020, it added.
Kumar, an alumnus of IIM Calcutta started his journey with P&G in 2000 in sales team in India, straight from the campus.
P&G owns popular brands such as Ariel, Gillette, Head & Shoulders, Oral-B, Pampers, Pantene, Tide, Vicks and Whisper.
P&G President, Asia Pacific, Middle East, and Africa Stanislav Vecera said: "The India business and people will immensely benefit from his (Kumar's)leadership and vision, and collectively I am certain they will take the India business to new heights while maintaining a balanced growth outlook.”
On his new role, Kumar said: "We will focus on a portfolio of daily use products where performance drives brand choice and raise the bar on all aspects of our superiority strategy – product, package, brand communication, retail execution, and value."
P&G India operates here with four entities -- Procter & Gamble Hygiene & Health Care, Procter & Gamble Health, Gillette India and Procter & Gamble Home Products (non-listed).