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(18 Mar 2024, 12:32)

Procter & Gamble Hygiene gains after appointing Kumar Venkatasubramanian as MD

Procter & Gamble Hygiene & Health Care added 2.24% to Rs 16,160 after the company’s board has approved the appointment of Kumar Venkatasubramanian as managing director (MD) for a period of 5 years with effect from 1 May 2024.


Kumar Venkatasubramanian will be taking over from L. V. Vaidyanathan who has tendered his resignation as managing director (MD) and from directorship of the company effective close of business hours on 30 April 2024. L. V. Vaidyanathan will be leaving the company to pursue other interests.

Kumar Venkatasubramanian has an MBA from Indian Institute of Management, Calcutta and has completed his Bachelor of Engineering from National Institute of Technology, Durgapur. Venkatasubramanian started his career with P&G in India in 2000 as a new hire in the sales function from Indian Institute of Management, Calcutta, and worked in various sales leadership roles across India.

In his 23 and more years’ career, he has led complex categories across some of the world’s largest markets including...

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