MUMBAI: P&G India has announced Madhusudan Gopalan as the company's new managing director and CEO. He will take charge on 1 April 2018.
Gopalan has over 18 years of experience working for the company across business units and diverse geographies such as India, the US and Asean countries.
Gopalan is currently leading the P&G business in Indonesia, where he has led strong sales growth, share turnaround, robust value creation and cash productivity. He will take over from Al Rajwani, who is set to retire from the company after 37 years of service after the end of the financial year. Until his retirement, Al will help in on-boarding Madhusudan on the India business and enable a smooth transition.
During Rajwani’s tenure, over the last three years, the P&G business in India underwent a portfolio transformation that saw the company go from losing money to delivering triple digit-profit in a couple of years. In the first half of the company’s financial year ended December 31, 2017, P&G has delivered double-digit sales growth with majority of the business growing share.
P&G continues to be the market leader in most of the segments it operates in like baby diapers, blades and razors, feminine care, shave prep, health care, anti-ageing skincare, and is number two in shampoos and toothbrushes.