Indian FMCG company Marico has reported the appointment of experienced consultant Pankaj Saluja to lead strategy and M&As, effective October 2015.
Saluja joins Marico from Bain & Company where he was head of Bain’s consumer products and retail and healthcare practices and partner at its South East Asia (SEA) office. Indeed, his experience is such that he has been in the consulting and FMCG industry for two decades, and was part of the start up leadership team at Bain’s India offices from 2006.
Mumbai-based Marico, founded in 1988, makes and sell edible oil, coconut and other hair oils as well as hair products and soaps. Saluja will report to Saugata Gupta, MD and CEO of Marico.
Gupta said, “Pankaj brings great value to this role through his past consulting and industry expertise across consumer goods sectors. Pankaj’s knowledge and proficiency will be an invaluable asset and complement our efforts to grow and deliver an even stronger performance for our sustainable profitable growth journey.”