Mondelēz International has announced that it has appointed Deepak Iyer as its executive vice president and president of Asia Pacific, Middle East and Africa (AMEA), effective 5 June.
Currently, he serves as the company's president of India and Southeast Asia, and
He will succeed Maurizio Brusadelli, who is leaving the company in June to explore another leadership opportunity.
In the new role, Iyer will be responsible for leading the company’s $6.8 billion (€6.2 billion) AMEA business across more than 70 countries, which includes iconic brands such as Oreo and belVita biscuits, Cadbury chocolate, and Kinh Do cakes, the company noted.
Deepak Iyer
Iyer has extensive and versatile industry and operating model experiences and has previously served at PepsiCo and Wrigley India Pvt Ltd.
He brings more than three decades of management experience across sales, marketing, and general management across India, Southeast Asia, and Africa
He has led Mondelēz International's India business since 2016 and has been instrumental in driving sustained double-digit revenue growth, expanding profit margins, strong cash flow generation, and the adoption of technologies and use of consumer data.
Read More: Mondelēz Lifts Forecasts On Price Hikes, Firm Demand
'The Ideal Leader'
Chairman and CEO, Dirk Van de Put said, "With close to three decades of leadership experience and a strong track record of success driving the growth of brands in emerging markets across Asia and Africa, Deepak is the ideal leader to continue our strong and sustained growth across the AMEA region.
"Under his leadership these past six and a half years, India has delivered strong, profitable growth and become a consistent exporter of talent and best practices across our global network. We look forward to leveraging his skills and experience in this expanded role to drive greater positive impact across the broader region and the entire company."
© 2023 European Supermarket Magazine – your source for the latest A-Brands news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.
