Ahmed El Sheikh, the CEO of PepsiCo India, will step down after nearly seven years in office to take on new duties within the company as the CEO of the Middle East Business Unit.
Today, PepsiCo India revealed a shift in the executive team’s leadership. Beginning in March 2024, Ahmed El Sheikh, the CEO of PepsiCo India, will step down after nearly seven years in office to take on new duties within the company as the CEO of the Middle East Business Unit. In his place, Jagrut Kotecha, who is currently PepsiCo’s Chief Commercial Officer for Africa, the Middle East, and South Asia (AMESA), would become PepsiCo India’s CEO.
The staff of the India office was informed yesterday of this leadership change, which is one of several taking place within 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.”
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.”
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.”
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