Bajaj Consumer Care Limited announces elevation of Mr. Jaideep Nandi as Managing Director

Bajaj Consumer Care Limited announced the appointment of Mr. Jaideep Nandi as its new Managing Director by elevating him from the post of Chief Executive Officer, effective 1 July 2020. Mr. Nandi will take over the position from Mr. Sumit Malhotra, who will step down as Managing Director with effect from 30 June 2020. Mr. Sumit Malhotra will continue as Director & Advisor with effect from 1 July 2020. Mr. Nandi is a qualified professional having secured his engineering degree from Jadavpur University, Kolkata and his post graduation in management from IIM, Bangalore. His professional career spans across three decades primarily with Asian Paints Limited in various roles in sales & marketing and as CEO in various group companies in Asian Paints’ Middle East, South East Asia and India operations. He has a track record of turning around businesses and putting them on a path of profitable growth. “As a 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 future plans of the Company. The company also wishes to place on record the excellent leadership role that Mr. Sumit Malhotra had played in the past 16 years to build the company to its current position of strength. I wish him all the success for his future.”, stated Mr. Kushagra Bajaj, Chairman of the Board.