Friday, June 14, 2024

P&G India announces Kumar Venkatasubramanian as its new CEO 

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Procter & Gamble India has announced that Kumar Venkatasubramanian will take over as the Chief Executive Officer for its operations in India from May 1, 2024.

Kumar is an alumnus of IIM Calcutta and started his journey with P&G in the sales team in India, straight from campus in 2000. He has almost 24 years of experience across different roles in 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. Prior to this role, Kumar was leading the Sales Team in P&G India until 2020. 

Venkatasubramanian is also a passionate advocate for Equality and Inclusion, and under his leadership, many programs were expanded to have a significant impact on employees and the community. This included P&G ANZ which is the largest corporate partnership with the Sydney Gay and Lesbian Mardi Gras.

Kumar will take over from  LV Vaidyanathan, who will leave the company to pursue other interests after 28 years of service to P&G.

Talking about his new role, Kumar says, “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 Indian consumers, and serving their needs. The India organization is on momentum, delivering consistent results and balanced top and bottom-line growth. It will be important for us to remain focused on our integrated growth strategy, as I believe it is the right strategy for us to deliver sustained outcomes.’’ He further adds, ‘‘We will focus on a portfolio of daily use products where performance drives brand choice and raise the bar on all aspects of our strategy– product, package, brand communication, retail execution, and value. We aim to lead constructive disruption in the industry across the value chain. I believe that our agile, empowered, and accountable organization will be at the heart of our growth, and I look forward to working with our talented team in India once again, playing a part in the India growth story.”

P&G caters to Indian consumers with its robust portfolio featuring leading brands such as Vicks, Ariel, Tide, Whisper, Olay, Gillette, Venus, AmbiPur, Pampers, Pantene, Oral-B, Head & Shoulders, Herbal Essences, Braun, and Old Spice. The company has intensified its efforts across key areas of Citizenship, including Community Impact, Equality, Inclusion, and Environmental Sustainability. This commitment solidifies P&G’s position as a leading firm in the retail domain.

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