Jagrat Kotecha has been named the new CEO of PepsiCo India, taking over the leadership role from Ahmed Al Sheikh.
The change is a result of PepsiCo’s strategic restructuring, with Ahmed Al Shaikh stepping down from his position as CEO of PepsiCo India to take up the role of CEO for the Middle East business unit within the company.
Currently serving as PepsiCo’s Chief Commercial Officer for Africa, Middle East and South Asia (AMESA), Kotecha is set to take over the role of leader of PepsiCo India in March 2024.
Kotecha is set to play a key role in guiding PepsiCo’s activities in India. As the incoming CEO, he will be responsible for overseeing PepsiCo’s strategic efforts and driving business growth in India’s dynamic market landscape.
“Being a part of the PepsiCo family for the last 30 years, I have witnessed first-hand PepsiCo India’s unwavering commitment to excellence and innovation. This commitment has not only fueled our growth in the Indian market but also strengthened our position as a leader in the industry,” said Kotecha.
Kotecha said Ahmed leaves an indelible mark on our Indian operations and his legacy of success sets a high bar for all of us.
“As I take on this new responsibility, I am excited to advance our mission while ensuring continued success and growth in the Indian market.”
Eugene Willemsen, CEO, Africa, Middle East and South Asia, PepsiCo, said, “India remains an important market for PepsiCo, playing a key role in our global strategy. Over the last six years, Ahmed has played a key role in transforming our business, driving innovation and leading the team through challenging scenarios.
“I am equally excited to welcome Jagrat to the India executive team and am confident that we will continue to scale new heights of success with our Indian consumers under his leadership,” he said.
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