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Saugata GuptaManaging Director & Chief Executive Officer
Saugata Gupta serves as the Managing Director and Chief Executive Officer of Marico Limited. He joined Marico in 2004 as the Head of Marketing and was elevated to CEO of India Business in 2007 and in 2014 he took over as Managing Director of the company.
A dynamic leader, he is responsible for driving the company’s growth and strengthening its presence both nationally and internationally. He has helped transform Marico into a high performing business with a commitment to sustainable development and best in class governance.
Known for his performance-oriented approach, Saugata drives Marico to be a future-ready organization committed to consistent profitable and sustainable growth combined with societal value creation. Under his guidance, Marico today has expanded its presence across 25 countries spread across emerging markets of Asia and Africa. During his tenure, Marico’s market capitalisation crossed over USD 8 billion in 2021 and it recorded a turnover of over USD 1 billion in FY20-21.
During this period, Marico has been recognised across various forums for its commitment to sustainability and accountability in business operations. Marico ranked highest amongst FMCG companies in the Crisil ESG performance score - ESGuage 2021 and has been ranked amongst the Top 10 in corporate governance among all constituent companies of the S&P BSE 100 Index. Marico has also been featured in the ‘LEADERSHIP’ category on the IFC-BSE-IiAS Indian Corporate Governance Scorecard as assessed by IiAS in December 2020. Marico ranked 6th among India's most sustainable companies with an A+ rating by SUSTAIN LABS PARIS in association with BW Businessworld and was awarded the Best CSR Practices award at Responsible Business Awards 2021. Marico is amongst India’s 5 Best Workplaces in FMCG as per Great Place to Work® Institute (India) and one of the 25 Most Desirable Companies To Work for across sectors, as per the Dare2Compete.
Saugata was ranked #4 and #47 in the FMCG sector and Pan-India respectively in the Business Today-PWC list of India’s Top 100 CEOs in 2017 and was ranked as ‘India’s Most Valuable CEOs’ by Businessworld in 2016 and 2018. He has been recognised as the Best CEO - Private Sector at Forbes India Leadership Awards 2019. He was also featured in the top 100 Business Leaders List 2020 by Impact Digital Power 100.
Outside Marico, Saugata is on the board of Ashok Leyland as Independent Director and is a member of Audit Committee, Nomination and Remuneration Committee and ESG Committee. He is also associated with JSW Paints as an Independent Director.
Saugata is an alumnus of IIM Bangalore and holds a chemical engineering degree from IIT Kharagpur.
Milind SarwateGroup CFO, Marico Limited
Milind's current role at Marico covers Corporate Finance, Legal & Secretarial, M&A, Investor Relations, Internal Audit and Administration. Milind joined Marico in 1998, as the CFO. He has led Marico's efforts in Shareholder Value Creation (up nearly 20 times over the past 15 years), Acquisitions / Alliances (12 acquisitions over past 7 years and 3 spanestments), Corporate Structuring, Corporate Communication, Information Technology, Performance Management & identification of Marico's Purpose – "Be More. Every Day." He has about 30 years of experience in Finance, HR, Strategic Planning, Corporate Development and Product Supply, across three organizations- Marico, Godrej and Hoechst (now, Sanofi Aventis). Milind holds Non-executive Directorship in two listed companies- Geometric Ltd and the Andhra Pradesh Paper Mills Ltd. He is the Chairman of the Audit Committees of both these companies. In addition, he is a non-executive director in Hindustan Polyamides and Fibres Ltd (a specialty chemicals Company), and a few other companies including those in the Marico Group. He was a Member (2004-07) of Board of Governors, Institute of Internal Auditors, Inc. Mumbai Chapter. Milind is a Chartered Accountant, Cost Accountant and Company Secretary (1983-84), and a B. Com. (Honours) from the University of Bombay (1979). During 1996, he was one of the two Indian managers selected for the CII-Fulbright Fellowship for Leadership in Management at the Carnegie Mellon University, Pittsburgh, Pennsylvania, U S A. Milind has received the ICAI Award 2011 in CFO - FMCG category, instituted by the Institute of Chartered Accountants of India (ICAI) and the CNBC TV-18 Best Performing CFO Award -FMCG & Retail-2012. In March 2013, the CFO India magazine inducted Milind to the CFO India Hall of Fame.
Pawan AgrawalChief Financial Officer
Pawan is a Chartered Accountant (2000), and a B.Com (Hons) Graduate (1999) from St. Xavier’s college, Calcutta. Pawan has about 2 decades of leadership experience across various finance verticals like Financial Planning & Analysis, Corporate Finance, Treasury, Investor Relations, Taxation & Commercial functions in the FMCG domain.
He joined Marico in 2004 as Regional Operations Manager for South Sales Division in Hyderabad. He has spent over 16 years with Marico and contributed in areas of Business Finance, Strategy Business planning, Cost optimisation, International Business operations, setting up Internal Control architecture, Business Process Transformation and major Taxation transition. Prior to Marico, he worked with Eveready Industries (I) limited for 4 years in Internal Audit and Sales Commercial functions across many locations.
In his 20 years of long career, he has had successful stints in areas of Business Finance and Corporate Finance. Backed by strong leadership skills and experience of managing diverse people, he has managed operations comprising both scale & complexity and has driven transformational change agenda for the organisation.
Jitendra MahajanChief Operating Officer - Supply Chain, IT & MENA Business
Jitendra brings with him 20 years of experience and currently heads the Procurement & Operations for Marico Limited. He is responsible for Procurement, Supply Chain and Manufacturing for Marico India, Strategic Procurement for Marico International and Capability Building in Operations for Marico globally. Over the years Jitendra has held various key positions in Manufacturing, Supply Chain and Procurement at Marico. He has been instrumental in leading the operations team towards process excellence, has enhanced organization capability by optimizing manufacturing operations & strategic procurement initiatives. And has been responsible for superior customer service while continuing to reduce the total delivered product cost. Before joining Marico Jitendra had a brief stint with Mahindra & Mahindra. Jitendra holds a Bachelors degree in Engineering (Mech.) from Walchand College of Engineering and a MMS degree from Sydenham Institute of Management, Mumbai.
Dr.Sudhakar MhaskarChief Technology Officer (CTO)
Dr. Mhaskar currently heads the Research & Development team at Marico. He is responsible for Basic Research, New product development, Consumer in-sighting, Regulatory and Quality Assurance. He works across categories to ensure that the company continues to leverage scale and create new opportunities for products based on diverse consumer needs. He leads a team of doctorates, technologists and chemists to create innovative and differentiated consumer products that delight consumers. He also represents Marico on several government committees, associations and federations. Prior to Marico, Dr. Mhaskar was associated with Hindustan Unilever Research Centre for twelve years, during which he handled a diverse range of responsibilities including natural product isolation, industrial and edible fat processing, perfumery chemicals, detergents, skin cleansing and skin care. His valuable insights in consumer mapping and market research played a crucial role in concept formation, product launch and product development. Dr. Mhaskar holds a Ph.D in Organic Chemistry from Bombay University and a Bachelors of Edible Oils technology degree from the University Department of Chemical Technology, Mumbai. He has several national and international papers as well as patents to his credit and has received the S. Hussain Zaheer Award for basic research in Oil Chemistry in 1993.
Sanjay MishraChief Operating Officer (COO) - India Sales & CEO - New Business
Sanjay Mishra is responsible for the Go-To-Market (GTM) Transformation in line with Marico’s portfolio of the future, and reinforce the Sales function. He is also responsible for the new business vertical at Marico Limited, which functions as an largely independent unit, and includes the business units of Premium Personal Care and Foods, along with the newly acquired company- Beardo.
In addition Sanjay has also provided leadership oversight to the Bangladesh business which has exhibited a stellar performance and he continues to be on the Board of Marico Bangladesh where he actively mentors the leadership on overall Strategy, Sales and Distribution.
Prior to Marico, Sanjay was working with Pepsico where he started his career as Sales Director – Traditional Trade for India in 2009. Sanjay did his Bachelor’s degree in Science in 1992 from City College, Kolkata and completed his Business Management from Institute of Management Technology, Ghaziabad in 1995.
Bringing with him over 20 years of experience accompanied, he has also had a long association with Marico where he led and supported various sales leadership roles from 1997 to 2006.
Executive Vice President & Head Legal
With over 18 years of experience in Corporate Laws, Corporate Compliances and Governance across the consumer goods industry in India, Amit is responsible for Marico’s Legal function in its entirety. He believes in driving results—through collaboration, team work, and relationships. He has embodied this throughout his career by always choosing to lead through diverse and challenging situations.
Prior to this, Amit was with Hindustan Unilever for over 13 years across various roles in the Legal department. Most recently, he served as the General Manager, Legal - Customer Development and Corporate Secretarial as well as the Deputy Company Secretary where he was responsible for the overall Secretarial, Corporate and Securities Compliance for HUL as well as the Group Companies. Amit began his career at Liberty Shoes Limited for over 2 years followed by DCM Shriram Consolidated Limited (DSCL) as a Senior Manager for over 2 years where he was responsible for the Corporate and Securities Compliances for Group.
Amit is a Law Graduate and a certified Chartered Secretary from the Institute of Company Secretaries of India (ICSI) . He has also earned a post-graduation certification in Sustainable Business from the University of Cambridge, United Kingdom in 2011.
Chief Human Resources Officer
Amit Prakash is currently the CHRO at Marico, responsible for the overall organizational development through people management practices, culture-building initiatives, developing and strengthening functional leadership capabilities.
He joined Marico in 2015 as the Head of Human Resources - India Business.
With 20 years of work experience, Amit has been responsible for setting up the Corporate HR function at Hindustan Coca Cola Beverages where he also led business transformation with specific focus on people productivity & process efficiency.
He has also worked with Delphi, ITC and LG in varied roles. Over the years, his experience includes, performance management and improvement, talent management and planning to career and succession development as well as organizational development.
Amit holds a Bachelors’ degree in Science from Hansraj College and has done MPM (HR) from the Symbiosis Institute of Business Management.
Chief Marketing Officer (CMO) Koshy George is currently the Chief Marketing Officer (CMO) at Marico India and is responsible for leading the brand marketing initiatives of the Company. He started his career with Marico India in 2001 as a Management Trainee and was an Area Sales Manager before moving to Hindustan Unilever.
Koshy George brings with him more than 17 years of sales and marketing experience across diverse categories such as personal care, home care, and foods. His most recent role was Global Marketing Director - Skin Cleansing at Hindustan Unilever.
During his tenure with Unilever, Koshy has worked across building and transforming various brands and categories. He was responsible for the Global leadership of two of Unilever's iconic personal care brands - Lifebuoy & Pears. Koshy has served on HUL's Home and Personal Care leadership teams from 2010 to 2016.
Koshy holds a B.Com (Hons) degree from The Hindu College and is an alumnus of the Institute of Management Technology, Ghaziabad.