PepsiCo has appointed Jagrut Kotecha as the new CEO for PepsiCo India, succeeding Ahmed El Sheikh in this leadership role.
Currently serving as the Chief Commercial Officer for PepsiCo in Africa, Middle East, and South Asia (AMESA), Kotecha is set to assume his position as the head of PepsiCo India in March 2024.
The transition comes as part of PepsiCo’s strategic realignment, with Ahmed El Sheikh moving on from his role as the CEO for PepsiCo India to take charge as the CEO for the Middle East Business Unit within the company.
Kotecha is poised to play a pivotal role in leading PepsiCo’s operations in India. As the incoming CEO, Kotecha will be entrusted with steering PepsiCo’s strategic initiatives and business growth in the dynamic market landscape of India.
Jagrut Kotecha, current Chief Commercial Officer for PepsiCo in AMESA and incoming CEO for PepsiCo India, said, “Having been part of the PepsiCo family for the past 30 years, I have witnessed first hand the unwavering commitment of PepsiCo India to excellence and innovation.”
“As I take on this new responsibility, I am excited to drive forward our mission, ensuring continued success and growth in the Indian market,” he added.
Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo said, “India remains a pivotal market for PepsiCo, playing a crucial role in our global strategy. Over the last six years, Ahmed has been instrumental in transforming our business, driving innovation, and steering the team through challenging landscapes.”
“I am equally excited to welcome Jagrut to the India executive team and am certain that we will continue to scale new zeniths of success under his leadership with our Indian consumers,” he added.