Procter & Gamble India (P&G) Managing Director L.V. Vaidyanathan has tendered his resignation, effective April 30, 2024, signaling the end of his tenure. Kumar Venkatasubramanian has been appointed as his successor, with the board approving his appointment for a five-year term, starting May 1, 2024.

Venkatasubramanian, an alumnus of the Indian Institute of Management, Calcutta, and the National Institute of Technology, Durgapur, brings over two decades of experience with P&G. He commenced his journey with the company in 2000 and has held various leadership roles across multiple markets, including India, Brazil, and Australia.

Throughout his 23-year tenure, Venkatasubramanian has showcased proficiency in sales and management. His career trajectory within P&G underscores his capability, having managed critical partnerships and led sales functions and product categories in India. Notably, he served as the CEO of P&G Australia and New Zealand, where he orchestrated significant business growth.

Vaidyanathan, who took on the role of CEO in July 2022 after overseeing P&G’s operations in Indonesia, has provided over 26 years of dedicated service to the company. His leadership has been instrumental in driving strategic expansion and operational excellence across diverse regions, including India and ASEAN countries.

The appointment of Venkatasubramanian is subject to shareholder approval and regulatory clearance in accordance with the Companies Act, 2013. Once confirmed, Venkatasubramanian will assume responsibility for leading P&G India, inheriting the legacy of operational excellence and market leadership established by his predecessor.

This leadership transition marks a significant milestone for P&G India, highlighting the company’s commitment to fostering talent and ensuring continuity in its strategic vision and operational objectives. As P&G continues its journey of delivering innovative products and driving sustainable growth, the leadership change underscores its dedication to maintaining leadership excellence in the Indian market.

By : Kruthiga V S

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