Procter & Gamble (P&G) India has appointed Kumar Venkatasubramanian as the chief executive officer to lead its operations in India effective May 1, 2024.
Kumar, a graduate of IIM Calcutta, commenced his professional journey with P&G in 2000, serving in the sales team in India. With nearly 24 years of experience, predominantly in India across diverse roles within the sales domain, he brings a wealth of expertise. Currently serving as CEO, he has been pivotal in driving P&G’s business in Australia and New Zealand, achieving unprecedented milestones fueled by category expansion and robust collaborations with retailers. Before his tenure in Australia, Kumar spearheaded the Sales Team at P&G India until 2020.
Venkatasubramanian is a staunch proponent of equality and inclusion. During his tenure, numerous programs were expanded, leaving a profound impact on both employees and the community. Notably, he spearheaded P&G ANZ’s corporate partnership with the Sydney Gay and Lesbian Mardi Gras, reflecting his commitment to fostering diversity and inclusivity.
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Kumar will take over from LV Vaidyanathan, who will depart the company to pursue other interests after 28 years of service to P&G. Under Vaidyanathan’s leadership, P&G India has made significant progress in delivering superior propositions for Indian consumers and has achieved consistent balanced growth in both top and bottom lines. During his tenure, the company has also intensified its efforts across key areas of Citizenship – Community Impact, Equality and Inclusion, and Environmental Sustainability.
Stanislav Vecera, P&G president, Asia Pacific, Middle East, and Africa, said, “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.”
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“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.