
Management Change11 Aug 2026, 03:55 pm
Godrej Consumer Products Appoints Aasif Malbari as MD & CEO
AI Summary
Godrej Consumer Products Limited (GCPL) announced the immediate appointment of Aasif Malbari as Managing Director & Chief Executive Officer, succeeding Sudhir Sitapati. Malbari, previously Global CFO and President Godrej Africa, has a three-decade career in FMCG and auto industries. His tenure saw significant transformation in GCPL's Africa business, boosting EBITDA margins from ~9% in FY24 to ~15% in FY26. He also played a key role in scaling Tata Motors' electric vehicle business, including a USD 1 billion fundraise. Nisaba Godrej, Executive Chairperson, expressed confidence in Malbari's ability to accelerate GCPL's growth, while thanking Sitapati for his contributions.
Key Highlights
- Aasif Malbari appointed MD & CEO, effective immediately.
- Malbari previously led transformation of GCPL's Africa business.
- Africa business EBITDA margins grew from ~9% (FY24) to ~15% (FY26).
- Malbari has extensive experience in FMCG and auto sectors.
- Sudhir Sitapati steps down as MD & CEO.
Price Impact
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