Procter & Gamble India has announced the appointment of Kumar Venkatasubramanian as its new Chief Executive Officer, effective May 1, 2024. Kumar will succeed LV Vaidyanathan, who has dedicated 28 years of service to P&G.
Kumar Venkatasubramanian- A Familiar Face Takes the Helm
Venkatasubramanian is an alumnus of IIM Calcutta and began his career at P&G India in the sales team in 2000. He brings nearly 24 years of experience to the role, with the majority of that time spent in various sales functions within India.
Most recently, Venkatasubramanian has served as CEO of P&G’s business in Australia and New Zealand. There, he led the team to achieve record metrics through category growth and strong partnerships with retailers.
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A Legacy of Leadership and a Focus on the Future
Stanislav Vecera, P&G president, Asia Pacific, Middle East, and Africa, quoted, “I want to thank LV for his outstanding leadership of the India organisation, and his service to P&G for nearly 3 decades. I wish him all the best for his future endeavours. I am thrilled with Kumar Venkatasubramanian’s appointment as the India CEO, who has been an integral part of the P&G India growth storey for well over two decades. Kumar is no stranger to the Indian organisation, having spent many years building and executing our business strategies here. The Indian business and people will immensely benefit from his leadership and vision, and collectively I am certain they will take the India business to new heights while maintaining a balanced growth outlook.”
LV Vaidyanathan said, “It has been a great honour and privilege to lead our business in India. The journey has been incredibly fulfilling. I am so proud of every P&G employee for demonstrating commitment and passion to serve our consumers, customers, and stakeholders, and for the results we collectively achieved. I am confident in the continued success of the company and the people.”
Kumar Venkatasubramanian as CEO of Procter & Gamble India
Venkatasubramanian expressed his enthusiasm about returning to India and leading P&G’s business there. He highlighted his focus on understanding the evolving needs of Indian consumers and maintaining the company’s growth trajectory.
“We will focus on a portfolio of daily-users where performance drives brand choice and raise the bar on all aspects of our superiority strategy,” said Venkatasubramanian. “We aim to lead constructive disruption in the industry across the value chain.”
Venkatasubramanian also emphasized the importance of P&G India’s talented team, stating his belief that their agility and accountability will be central to the company’s continued success.
Conclusion
The appointment of Kumar Venkatasubramanian as CEO marks an exciting new phase for Procter & Gamble India, reaffirming its dedication to delivering superior products and driving positive change in the communities it serves. With Kumar at the helm, P&G India is poised to reach greater heights, solidifying its position as a leader in the consumer goods industry.
