Venkatasubramanian new P&G India CEO
Consumer goods major Procter and Gamble (P&G) India on Monday announced the appointment of Kumar Venkatasubramanian as its new chief executive officer, from 1 May.
Venkatasubramanian, aged 48 years, will succeed L.V. Vaidyanathan, who will step down after 28 years at P&G to pursue other interests. Vaidyanathan, who assumed the role of CEO of P&G India on 1 July 2022, leaves behind a legacy known for brands such as Ariel,
Tide, Whisper, Olay, and Gillette.
Venkatasubramanian is an alumnus of IIM-Calcutta and started his journey with P&G’s sales team in India in 2000.
With over two decades of experience, a majority across different roles in the sales function, he leads P&G’s business in Australia as well as
New Zealand as the CEO. Prior to it, Venkatasubramanian was leading the sales team for P&G India until 2020.
“I want to thank LV for his outstanding leadership of the India organization, and service to P&G for nearly three decades. I wish him all the best for future endeavors. I am thrilled with Kumar Venkatasubramanian’s appointment as the India CEO, who is integral to P&G India growth story for over two decades.
“He is no stranger to the India organization, having spent many years building and executing our business strategies here. The
India business and people will immensely benefit from his leadership and vision, and collectively they will take India business to new heights and maintain balanced growth outlook,” said Stanislav Vecera, president, Asia Pacific, Middle East and Africa, P&G.
P&G India comprises four separate entities including two large listed firms, Gillette India and P&G Hygiene and Health Care. P&G has invested more than ₹8,200 crore through its operations in India in the last decade. The company plans to invest ₹2,000 crore to set up a new personal healthcare manufacturing facility in Gujarat.
An alumnus of IIM-Calcutta, the industry veteran started his journey with P&G’s sales team in India in 2000