Procter & Gamble India (P&G India) has announced the appointment of Mr. Kumar Venkatasubramanian will take over as the Chief Executive Officer for its operations in India from May 1, 2024.
Kumar embarked on his career journey with P&G in India, joining the sales team right after graduating from campus in 2000. With nearly 24 years of experience, the majority of which has been spent in India, he has served in various roles within the Sales function.
He is currently leading the P&G business in Australia and New Zealand as CEO where he has been responsible for steering the team to deliver record metrics, driven by category growth and strong retailer partnerships.
Under his leadership, many programs were expanded to have a significant impact on employees and the community. This included P&G ANZ’s largest-ever corporate partnership with the Sydney Gay and Lesbian Mardi Gras.
He will take over from Mr. LV Vaidyanathan, who will leave the company to pursue other interests after 28 years of service to P&G. Under his leadership, P&G India has made strides of progress on the journey of bringing in superior propositions for the Indian consumers and delivered consistent balanced growth of the top and bottom line.
Mr. Stanislav Vecera, P&G President, Asia Pacific, Middle East, and Africa: “I want to thank LV for his outstanding leadership of the India organization, and his service to P&G for nearly 3 decades. I wish him all the best for his future endeavors.”
“I am thrilled with Kumar Venkatasubramanian’s appointment as the India CEO, who has been an integral part of the P&G India growth story for well over two decades. Kumar is no stranger to the India organization, having spent many years building and executing our business strategies here”, Stanislav added.
Kumar Venkatasubramanian said, “It is a moment of great pride for me to come back to India and spearhead the P&G business in the country. I look forward to being back in the market, learning more about the Indian consumers and serving their needs.”
“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. We aim to lead constructive disruption in the industry across the value chain”, Kumar Venkatasubramanian added.
He holds Master in Business Administration from Indian Institute of Management, Calcutta and completed his BE from National Institute of Technology, Durgapur.
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