Pepsico has undergone a leadership reorganisation, with Jagrut Kotecha appointed as the CEO of the company's India business, while Ahmed El Sheikh, the current CEO, will now lead the Middle East business unit. Kotecha, who currently serves as the Chief Commercial Officer for PepsiCo in Africa, Middle East, and South Asia (AMESA), will step into the role of CEO for PepsiCo India, according to a statement by the company. This move is part of Pepsico's strategic realignment of leadership responsibilities.
Ahmed El Sheikh, who has successfully led PepsiCo's India business for nearly seven years, is set to transition to new responsibilities starting from March 2024, the company announced.
"This leadership change, reflecting PepsiCo's dynamic and forward-thinking global approach, has been meticulously planned and was communicated to the India office employees yesterday (Thursday) as part of a series of leadership changes across AMESA," it said.
Eugene Willemsen, PepsiCo's CEO for Africa, Middle East, & South Asia, emphasised that India continues to be a vital market within the company's global strategy.
"Over the last six years, Ahmed has been instrumental in transforming our business, driving innovation, and steering the team through challenging landscapes. His leadership saw the introduction of pioneering products and various community-focused initiatives, and I look forward to continuing to work with him in his new capacity," he said.