FMCG products maker P&G Hygiene & Health Care Ltd., a subsidiary of Procter & Gamble, announced the appointment of Kumar Venkatasubramanian as Managing Director, with effect from May 1, 2024.
According to the company’s exchange filing, “The Board of Directors of the Company, at its meeting held today, pursuant to the recommendation of the Nomination & Remuneration Committee, have approved appointment of Mr. Kumar Venkatasubramanian (DIN:08144200) as Managing Director of the Company for a period of five years effective May 1, 2024.”
Kumar Venkatasubramanian will be taking over from Mr. L. V. Vaidyanathan who has tendered his resignation as Managing Director and from Directorship of the Company effective close of business hours on April 30, 2024. L. V. Vaidyanathan will be leaving the Company to pursue other interests, as per the statement.
Kumar Venkatasubramanian has an MBA from Indian Institute of Management, Calcutta and has completed his Bachelor of Engineering from National Institute of Technology, Durgapur. Kumar Venkatasubramanian started his career with P&G in India in 2000 as a new hire in the Sales function from Indian Institute of Management, Calcutta, and worked in various sales leadership roles across India. In his 23+ years career, he has led complex categories across some of the world’s largest markets including India, Brazil, and Australia. He rose the ranks in P&G India as he managed partnerships with various distributor operations and key customers. Until 2020, for a few years, he led the P&G India Sales function and the Oral Care category.
In 2020, Kumar Venkatasubramanian was elevated to the role of CEO – P&G Australia and New Zealand where he has delivered record business performance through strong category growth. Over the years, he has led large and diverse teams, with extensive leadership experience to complement his strong business acumen, as per the statement.
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