Procter & Gamble India announces the appointment of Kumar Venkatasubramanian as the chief executive officer to take charge of its operations in India from May 1, 2024. Kumar, an alumnus of IIM Calcutta, began his career with P&G in the sales team in India in 2000. He brings nearly 24 years of experience, predominantly in India across various roles in the sales function. Currently leading P&G’s business in Australia and New Zealand as CEO, he has been instrumental in steering the team to achieve record metrics driven by category growth and strong retailer partnerships. Prior to his role in Australia, Kumar led the Sales Team in P&G India until 2020.
Venkatasubramanian is a strong advocate for equality and inclusion. Under his leadership, several programmes were expanded to have a significant impact on employees and the community, including P&G ANZ’s 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. 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 top and bottom line. In his time, the company has also stepped-up on efforts across the key areas of Citizenship – Community Impact, Equality and Inclusion and Environmental Sustainability.
“ 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 Indian organization, 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 Indian business to new heights while maintaining a balanced growth outlook.” Stanislav Vecera, P&G president, Asia Pacific, Middle East, and Africa, 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,” LV Vaidyanathan said.
“The India organisation is on a momentum, delivering consistent results and a balanced top and bottom-line growth. It will be important for us to remain focused on our integrated growth strategy. 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,” Kumar Venkatasubramanian said.