Westlife Foodworld has appointed Akshay Jatia as its new Chief Executive Officer (CEO), according to a recent exchange filing. Jatia, who has been serving as the Executive Director (Whole Time Director), has now been designated as a Key Managerial Personnel (KMP) in his new role.
Jatia has been associated with Westlife Foodworld for over a decade. His appointment follows the transition of Amit Jatia, the incumbent CEO, who will step down from the role effective March 18. However, both Amit Jatia and Akshay Jatia will continue to serve as Directors on the Board of the Company, with no changes to the Board’s composition.
Westlife Foodworld, formerly Westlife Development Ltd (WDL), is the master franchisee for McDonald’s restaurants in West & South India. Through its subsidiary, Hardcastle Restaurants Pvt. Ltd. (HRPL), the company manages and expands the McDonald’s presence in the region under a long-term franchise agreement with McDonald’s Corporation US.
