StockWatch
·
Personal Care
Management Change11 Aug 2026, 03:57 pm

Godrej Consumer Products Appoints New MD & CEO, CFO Interim

AI Summary

Godrej Consumer Products Limited (GCPL) announced significant management changes following a Board of Directors meeting on August 11, 2026. Mr. Aasif Malbari has been appointed as the new Managing Director & Chief Executive Officer for a term of five years, effective August 12, 2026, subject to shareholder approval. Consequently, he has resigned from his position as Chief Financial Officer. Mr. Vishal Kedia has been appointed as the Interim Chief Financial Officer, effective August 12, 2026, while continuing his existing role as Head- Strategy, FP&A and Investor Relations. The company also noted the resignation of Mr. Sudhir Sitapati as Managing Director & Chief Executive Officer, effective August 11, 2026.

Key Highlights

  • Aasif Malbari appointed MD & CEO for 5 years, effective Aug 12, 2026.
  • Malbari resigns as CFO upon MD & CEO appointment.
  • Vishal Kedia appointed Interim CFO, effective Aug 12, 2026.
  • Sudhir Sitapati resigns as MD & CEO, effective Aug 11, 2026.
  • Board approved committee memberships for new and interim executives.