Bengaluru, INDIA (January 19, 2024) – Jagrut Kotecha, who serves as PepsiCo’s Chief Commercial Officer for Africa, the Middle East, and South Asia (AMESA), will take over as PepsiCo India’s CEO from Ahmed El Sheikh, who will take on as the CEO of the Middle East Business Unit.
The decision was taken, in a leadership rejig, by food and beverage major Pepsico on Thursday, as part of its ongoing succession of leadership changes throughout AMESA.
A statement from the firm said, “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”.
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. 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. 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.”
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 firsthand the unwavering commitment of PepsiCo India to excellence and innovation. This commitment has not only propelled our growth in the Indian market but also reinforced our position as a leader in the industry. Ahmed leaves an indelible mark on our India operations and his legacy of success sets a high benchmark for us all. As I take on this new responsibility, I am excited to drive forward our mission, ensuring continued success and growth in the Indian market.”
Ahmed ElSheikh, CEO, PepsiCo India said, “Leading the team in India has been a journey filled with unique insights and vibrant experiences. The diversity and cultural richness of India have not only added to the business’s success but also enriched my personal growth. The resilience and creativity of the Indian team are unparalleled, and I have no doubt that they will continue to excel under Jagrut’s leadership. I leave with a heart full of gratitude and a treasure trove of memories that will continue to inspire me in my future endeavors.”