Bajaj Consumer Care names Jaideep Nandi as new managing director
Jun 19, 2020
Bajaj Consumer Care Ltd has elevated Jaideep Nandi to the position of managing director, from the post of chief executive officer, effective from July 1. Nandi had joined Bajaj as the CEO in January this year.
Nandi will be replacing Sumit Malhotra, who will step down as managing director with effect from June 30. Nandi has over three decades of experience in leadership roles and was the CEO in various group companies in Asian Paints in the Middle East, South East Asia, and India operations, before joining Bajaj.
Commenting on the appointment, Bajaj Consumer Care chairman, Kushagra Bajaj, in a statement said: “As part of our succession plan, it is a pleasure to welcome Jaideep as the managing director of Bajaj Consumer Care. As a seasoned leader, Jaideep’s extensive knowledge of sales, marketing, and overall operations are ideally aligned with the plans of the company.
“The company also wishes to place on record the excellent leadership role that Sumit Malhotra has played to build the company to its current position of strength in the past 16 years. I wish him all the success for his future,” he added.
Bajaj Consumer Care is part of the Bajaj Group and is one of the leading players in the hair oil and skincare categories in India.
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