Coca-Cola appoints Sarvita Sethi as VP (finance) for India, South West Asia
- GST rate structure needs complete overhauling: Hasmukh Adhia
- Emaar India plans to raise Rs500 crore by March 2018
- Banking sector stares at additional Rs40,000 crore NPAs
- MFs pump $12 billion in equities, outshine FPIs’ investment
- Calcutta Stock Exchange seeks Sebi nod for setting up clearing corporation
New Delhi: Coca-Cola India, the local arm of American beverage company Coca-Cola Co., on Tuesday said it has appointed Sarvita Sethi as vice-president (finance) for India and South West Asia. Coca-Cola’s India and South West Asia business unit includes Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives, besides India.
Sethi will take over from Sanjeev Kumar, who will take over as director (finance), Coca-Cola West Africa, the company said in a statement.
Sethi, who has been working with Coca-Cola for the last eight years, will relocate from Athens to Coca-Cola’s India headquarter in Gurgaon. Sethi was the commercial finance director for Coca-Cola Central & Southern Europe (CSE) business based in Athens. She is known for being instrumental in the recovery of the CSE business in the last three years, the statement added.
Sethi will report to Venkatesh Kini, president, Coca-Cola India and South West Asia. Prior to her stint in Athens, Sethi was the commercial finance director for Great Britain & Ireland, based in London.
Sethi is a chartered accountant and holds a Bachelor of Science (joint honours) in economics & accountancy from City University, UK.
Kumar, who has been with Coca-Cola for 20 years and was part of the team that reintroduced Coca-Cola in India in 1993, will now head the finance operations for 31 countries in the Coca-Cola West Africa Business Unit, Coca-Cola said in a statement. He will report to Peter Njonjo, president, Coca-Cola West Africa Business Unit, it added.
“These changes are in line with our goal of promoting and developing Coca-Cola leaders and also maintaining a steady pipeline of senior talent in the system. One of the reasons people value The Coca-Cola Company is for its ability to give them cross culture and cross geography experience, and both these leaders exemplify that,” Kini said.