Raymond Lifestyle Ltd has announced the appointment of Satyaki Ghosh as Chief Executive Officer.
He joins Raymond Lifestyle Limited from the Aditya Birla Group, where he most recently served as Chief Executive Officer – Cellulosic Fashion Yarn, Grasim Industries.
Ghosh has over 25 years of experience across FMCG, textiles, retail and consumer businesses, with roles spanning B2B and B2C operations. At the Aditya Birla Group, he previously served as Chief Executive Officer – Domestic Textiles and also led the Thai Acrylic Fibre business, overseeing operations across multiple countries.
Commenting on the appointment, Gautam Hari Singhania, Chairman, Raymond Group said; “Satyaki is joining Raymond Lifestyle at a crucial inflection point wherein the business is poised for growth and transformation with a plethora of opportunities across the sector. With domestic consumption in India rising rapidly and the evolving geopolitical developments opening up new horizons in international markets, our Lifestyle business is poised for growth in long term. Satyaki’s on-boarding will unleash fresh energy and passion across the business and its stakeholders.”
Earlier in his career, Ghosh spent over seven years with L’Oréal India, where he held senior leadership roles including Director – Consumer Products Division, with responsibility for brands such as L’Oréal Paris, Garnier and Maybelline.
Speaking on the occasion, Satyaki Ghosh, CEO Raymond Lifestyle said; “I am delighted to be joining an iconic Indian brand with a rich legacy of over a century which has been integral to the Indian identity and promises new avenues for growth. With a focus on consumer centricity along with innovation and sharpening the offerings, we would contribute meaningfully to larger value creation”.
Raymond Lifestyle recently on-boarded E.C. Prasad, who will assume the CFO position at an ensuing Board Meeting.
