MUMBAI: In a surprise move, Godrej Consumer Products (GCPL) has appointed insider Aasif Malbari as the new MD & CEO with immediate effect, replacing Sudhir Sitapati who was handed a fresh five-year term ending Oct 2031, earlier this year. Malbari held the office of the global CFO at GCPL since 2023 and also served as president, Godrej Africa and GCPL International until recently.

With the appointment of Aasif Malbari as the new managing director and chief executive officer, a transition is underway at the helm. He takes over from Sudhir Sitapati, who…

Godrej Consumer appoints Aasif Malbari as new MD & CEO, focusing on growth and operational excellence following Sudhir Sitapati's resignation.

Godrej Consumer Products Ltd. shares tanked over 10% after MD & CEO Sudhir Sitapati resigned unexpectedly. Aasif Malbari takes over as the new CEO. Despite potential near-term…